- Obama’s regulatory agenda will cost U.S. economy $143B next year: report
- Patriot Act author on James Clapper: Fire, prosecute him
- Russia P.M. Medvedev: No amnesty for political prisoners
- Michigan GOP Senate hopeful reminds government is the ‘servant’
- Christmas, by Congress: Members mull a 15-cent tax on trees
- U.S. unemployment falls to five-year low of 7 percent; 203K jobs added
- World mourns Nelson Mandela and celebrates his life; burial set for Dec. 15
- Bill O’Reilly reminds: Nelson Mandela ‘was a communist’
- John Boehner says GOP should support gay candidates: ‘I do’
- Grass-Whopper: Pan-fried cricket burgers go over big in New York City
EU opens antitrust probe into Novartis, J&J
BRUSSELS (AP) - The European Union is investigating whether drug companies Novartis and Johnson & Johnson colluded to keep a generic painkiller out of the Dutch market, the bloc’s antitrust watchdog said Friday.
The European Commission is assessing whether contractual arrangements between the two companies “may have had the object or effect of hindering the entry on to the market of generic versions of Fentanyl.”
Fentanyl is a strong painkiller for chronic pain.
Novartis spokesman Eric Althoff confirmed the probe, but added “we don’t comment on ongoing procedures.” The Basel-based company reports its third-quarter results Tuesday.
The Commission said the investigation was triggered by its own inquiry into the ability of generics _ cheaper versions of medications that are no longer protected by patents _ to enter the market.
- Spike in battlefield deaths linked to restrictive rules of engagement
- Activists urge Obama to go rogue, sidestep Congress
- Bill OReilly reminds: Nelson Mandela was a communist
- PRUDEN: British press horrified as London's new mayor dares to proclaim the truth
- MILLER: Obamacare enrollees include 101 members of the House of Representatives
- Obama administration issues permits for wind farms to kill more eagles
- Inside China: Nuclear submarines capable of widespread attack on U.S.
- U.S. pilot scares off Iranians with 'Top Gun'-worthy stunt: 'You really ought to go home'
- Obama downplays IRS scandal, blames Obamacare rollout on 'outdated' agencies
- 'Hunger Games' delivers Obama's message on income inequality
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