Go Symbol Lookup
Loading...

EU regulators charge J&J, Novartis over Dutch painkiller delay

  Text Size    
Published: Thursday, 31 Jan 2013 | 5:47 AM ET

BRUSSELS, Jan 31 (Reuters) - EU antitrust regulators charged pharmaceutical firms Johnson & Johnson and Novartis on Thursday over the delay of a generic competitor for painkiller fentanyl in the Dutch market.

The European Commission, which acts as antitrust regulator in the 27-nation European Union, said it had sent a "statement of objections" or charge sheet to the companies over an agreement between their Dutch subsidiaries.

"If our preliminary conclusions are confirmed, the Dutch subsidiaries of Johnson & Johnson and Novartis entered into a so-called 'co-promotion' agreement to avoid competing against each other, depriving users of fentanyl in the Netherlands from access to a cheaper painkiller," the Commission said in a statement.

The charges arose from an investigation of the pharmaceuticals sector after a Commission report highlighted deals between major drugmakers aimed at hindering or blocking generic medicines in "pay-for-delay" deals.

 Print
BRUSSELS, Jan 31- EU antitrust regulators charged pharmaceutical firms Johnson& Johnson and Novartis on Thursday over the delay of a generic competitor for painkiller fentanyl in the Dutch market.
  Price   Change %Change
JNJ ---
NOVN ---

   
Comments

 

More Comments

 
 

Add Comments

 

Your Comments (Up to 1100 characters):

Remaining characters

Your comments have not been posted yet.

Please review your submission to make sure you are comfortable with your entry.

Your Comments: