Top Drugmakers Caught In EU Antitrust Raids

Law360, New York (January 16, 2008, 12:00 AM EST) -- Some of the world's largest drugmakers were raided early Wednesday morning as part of a European Commission inquiry into patent-dispute settlements between companies including Pfizer Inc., AstraZeneca Plc and Johnson & Johnson.

The EC's investigation – the first ever to begin with unannounced inspections – has also ensnared GlaxoSmithKline Plc, Novartis AG, Sanofi-Aventis SA, Wyeth, Merck & Co. and Teva Pharmaceutical Industries Ltd.

The European pharmaceutical markets appear to be malfunctioning, and the regulator is looking into whether deals on patent disputes between these drugmakers may...
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