Wednesday, June 19, 2013

EU fines Lundbeck for paying off pharma rivals


The European Commission has fined Danish pharmaceutical Lundbeck €93.8 million after the EU executive ruled that it had paid rival companies to delay market entry of generic versions of anti-depressant Citalopram. Prices of Citalopram fell by 90% when cheaper generic versions of the drug became widely available.

http://euobserver.com/tickers/120551?

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