Italian watchdog investigating eye disease drug competition
Italy's Competition Authority (AGCM) is investigating four pharmaceutical companies over what it called coordination of their commercial strategies, allegedly delaying access to a biosimilar eye-disease treatment in the country.
The AGCM said today that Samsung Bioepis, Biogen (Nasdaq: BIIB), Roche's (ROG: SIX) Genentech subsidiary and Novartis (NOVN: VX) and some of their Italian and Dutch counterparts, are accused of delaying the market entry of biosimilar drug Byooviz (ranibizumab) in Italy.
Byooviz is the biosimilar of Lucentis, which was developed by Genentech and marketed in Italy by the Novartis group.
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