Novartis raided amid unlawful patent use allegations
The Basel, Switzerland-headquarters of pharma giant Novartis (NOVN: VX) were raided at dawn earlier this week by the Swiss Competition Commission (COMCO).
The COMCO announced in a statement that it had ‘opened an investigation against a Swiss pharmaceutical company concerning a possible unlawful use of a patent to reduce competitive pressure’.
The statement adds: “This 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.
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