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Europe Daily Bulletin No. 13431

14 June 2024
Contents Publication in full By article 14 / 34
ECONOMY - FINANCE - BUSINESS / Competition
European Commission suspects Alchem of involvement in pharmaceutical cartel
Brussels, 13/06/2024 (Agence Europe)

On Thursday 13 June, the European Commission announced that it had sent objections to Alchem International Pvt. Ltd. and its subsidiary Alchem International (H.K.) Limited, which it suspects, on a preliminary basis, of having engaged in a long-term agreement concerning an important pharmaceutical product.

Alchem manufactures, among other things, the pharmaceutical ingredient Scopolamine N-Butylbromide/Hyoscine (SNBB), an important ingredient in the production of the antispasmodic abdominal...

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