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Europe Daily Bulletin No. 11831

18 July 2017
Contents Publication in full By article 27 / 36
ECONOMY - FINANCE - BUSINESS / Competition
Commission sends statement of objections to Teva over anti-competitive practices
Brussels, 17/07/2017 (Agence Europe)

On Monday 17 July, the European Commission sent a statement of objections to the pharmaceutical company Teva, amid concerns that a non-commercialisation agreement for a drug it had entered into with Cephalon may be incompatible with EU law.

Several years ago, Cephalon developed Modafinil, a drug to treat sleep disorders. Following the expiry of a number of patents, Teva developed and marketed a cheaper generic drug in the United Kingdom. Following a dispute between the two companies, an...

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