EU says drug firms blocked generics

Published: Nov. 28, 2008 at 1:01 PM

BRUSSELS, Nov. 28 (UPI) -- The European Commission has accused drug companies of blocking the entry of cheaper generic drugs into Europe, adding billions to the cost of medicine.

In a report from Brussels, the EU said anti-competitive practices ranged from initiating lawsuits to hold up competing products to filing multiple patent applications for the same medicine.

In one case of "patent clustering," the report cited 1,300 patents filed for a single medicine, the Financial Times said.

Patent litigation cases involving generics, meanwhile, lasted an average of nearly three years.

Although the report does not name individual companies, Neelie Kroes, EU competition commissioner, said there likely would be follow-up action against those that had breached EU laws.

© 2008 United Press International, Inc. All Rights Reserved.
Order reprints



Additional News Stories
Babineaux arrested on drug charge
Binge drinking survey has problems
Huge truffle for sale; what's your bid?
Woods taking 'indefinite break' from golf
Italians living longer, have better health
UPI NewsTrack Business
Notre Dame introduces Coach Brian Kelly
fark
Happy Hanukkah to you Jewish farkers out there. Lets all light the menorah
Giant rodent crushed. Gorilla holding a knife. Elephant dies of Herpes. Goat hangs itself. 42 dead...
♫ Young man, you can always fall down. Young man, and get froze to the ground. Stay there, and...
Remember that chick who was being prosecuted as a pirate for recording four minutes of New Moon?...
REMINDER- Greensboro Fark Party next Saturday LGT previous thread
Being a counselor to drugged up high school kids. Pass. Getting busted for conspiracy to sell drugs...