Swiss raid stomach ache drug ingredient makers in competition probe - (Channel News Asia via NewsPoints Desk)

  • Switzerland competition watchdog COMCO raided several drugmakers and distributors over suspect ions of unlawful pricing and marketing regarding the active pharmaceutical ingredient scopolamine, as reported Channel News Asia Thursday.

  • "There are reasonable grounds to suspect that the undertakings have kept the prices of this pharmaceutical ingredient high and that they have allocated markets," the regulator stated, adding "the investigation shall examine whether there are indeed unlawful restrictions of competition."

  • COMCO did not disclose the names of the companies but noted that both domestic and foreign companies were under investigation.

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