Ratiopharm Confirms EU Raid; Says Cooperating In Probe
08 Octubre 2009 - 10:03AM
Noticias Dow Jones
German generic drugmaker Ratiopharm GmbH said Thursday its
French unit was raided by European Union authorities as part of an
antitrust probe.
The European Commission, the E.U.'s executive arm, announced
earlier this week that it would conduct raids at several
pharmaceutical companies as part of an investigation into whether
brand-name drugmakers have made deals with their generic rivals to
delay bringing cheaper generic drugs to market. However, the
commission declined to name the targeted companies.
Ratiopharm spokesman Markus Braun said the company is
cooperating with authorities. He declined to comment further.
French drug manufacturer Sanofi-Aventis (SAN.FR), Teva
Pharmaceuticals Industries Ltd. (TEVA), an Israeli generic drug
maker, and Sandoz, the generics unit of Swiss pharmaceutical firm
Novartis AG (NVS), also said their offices were visited.
Company Web site: www.ratiopharm.com
-By Frankfurt Bureau; +49 69 29725500