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News items on 'Generic Drug'
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EU probes firms over drug delays
(BBC 08/07/2009)
The European Commission says it has launched anti-trust investigations into drugs firms over costly delays in introducing cheaper generic drugs. Among them is the French pharmaceutical firm Servier, suspected of colluding with several makers of generic drugs. The Commission says it has found a gap of more than seven months between patents expiring and the appearance of generic drugs on the market. The delays push up healthcare costs in the EU, the Commission says.
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