Swiss competition watchdog probes Novartis over patent use
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[September 15, 2022]
Swiss competition watchdog probes Novartis over patent use
BERLIN/ZURICH (Reuters) - The Swiss competition commission (COMCO) has
opened an investigation of Novartis over possible unlawful use of a
patent to reduce competitive pressure, the Swiss drugmaker confirmed on
Thursday.
COMCO conducted an early morning raid on the company on Sept. 13, it
said in a statement that did not name Novartis, which subsequently said
in its own statement that it was the group under investigation.
"The company allegedly attempted to protect its drug for the treatment
of skin diseases against competing products by using one of its patents
to initiate litigation proceedings," COMCO said in a statement.
Novartis said COMCO had started an investigation in collaboration with
the European Commission into the assertion of a patent in the broader
field of dermatology treatments.
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The logo of Swiss drugmaker Novartis is
pictured at the French company's headquarters in Rueil-Malmaison
near Paris, France, April 22, 2020. REUTERS/Charles Platiau
"In connection with this
investigation, COMCO representatives visited the company
headquarters in Basel," it said.
"The opening of an investigation does not imply any finding of
wrongdoing or any financial impact. Novartis is fully cooperating
with the authorities and is confident to clarify the legitimacy of
its position," it added.
(Writing by Miranda Murray and Michael Shields, editing by John
Revill)
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