Follow @dorgang

Follow @snbchf

Home › 3) Swiss Markets and News › 3.) Swissinfo Business and Economy › Swiss pharma Novartis cleared of patent abuse allegations

Previous post Next post

Swiss pharma Novartis cleared of patent abuse allegations

Published on October 10, 2024

See on Internet Archive

by
Swissinfo
My articles My site About me My videos My books
Follow on:Twitter Facebook Google +

Swiss pharma Novartis cleared of patent abuse allegations — Competition Commission closes investigation against Novartis Keystone-SDA

Generated with artificial intelligence.

A two-year investigation of alleged patent abuses by Swiss pharmaceutical company Novartis has been dropped by the Competition Commission (ComCo) without charges.

This content was published on October 10, 2024 - 10:47

+ Get the most important news from Switzerland in your inbox

The investigations had shown that the Basel-based pharmaceutical company had acted in accordance with antitrust law, the authority announced on Thursday.

ComCo initiated the investigation in September 2022 and also carried out a search at the Novartis headquarters in Basel at the time. The pharmaceutical company had been accused of possibly using a patent for a preparation for the treatment of skin diseases in an unlawful manner to protect itself from competitors.

As part of the investigation, the Competition Commission cooperated with the European Commission.

The investigation has now revealed that Novartis’ conduct was common practice in the area of patent law and also complied with antitrust law, according to the press release. As the indications of abuse have not been confirmed, ComCo is closing the investigation without any consequences.

The European Commission has independently analysed the facts of the case and has come to the same conclusions, the Swiss authority continues.

Translated from German by DeepL/mga

This news story has been written and carefully fact-checked by an external editorial team. At SWI swissinfo.ch we select the most relevant news for an international audience and use automatic translation tools such as DeepL to translate it into English. Providing you with automatically translated news gives us the time to write more in-depth articles. You can find them here.

If you want to know more about how we work, have a look here, and if you have feedback on this news story please write to [email protected].

Swiss ten-year fixed mortgage rates halved since 2022 peak

This content was published on Oct 10, 2024 Rate cuts by the Swiss National Bank have eased conditions for home loans, says online platform Comparis.

Swiss employees pessimistic over 2025 salaries

This content was published on Oct 10, 2024 More than half of female employees in Switzerland expect no extra pay next year, compared to 37% of men.

Swiss bearded vulture rare win amid global wildlife catastrophe

This content was published on Oct 10, 2024 The reintroduction of bearded vultures in Switzerland is a rare bright spot amid a global wildlife catastrophe in the last 50 years.

GESDA takes a new step towards a global audience

This content was published on Oct 10, 2024 The Geneva Science and Diplomacy Anticipator (GESDA) is embarking on a new stage to confront the global public with the scientific challenges of the future.

Swiss firms attach great importance to cash

This content was published on Oct 10, 2024 Cash payments are coming under pressure as ATMs and other infrastructure in Switzerland diminishes.

Swiss canton cleared to shoot four wolf packs

This content was published on Oct 10, 2024 Valais initially had clearance to shoot one wolf pack, but this has been extended after wolves were found to have killed livestock.

Switzerland elected to UN Human Rights Council after five-year absence

This content was published on Oct 9, 2024 Switzerland will return to the United Nations (UN) Human Rights Council from January next year until the end of 2027.

Stadler will supply up to 24 trains to Denmark

This content was published on Oct 9, 2024 Lokaltog, the local railway operator, has signed a contract for 14 FLIRT train sets, with an option for a further ten.

Swiss farmers protest cuts ‘at the expense of farming families’

This content was published on Oct 9, 2024 Swiss farmers’ associations have urged the government and parliament to abandon austerity measures in agriculture.

Kosovo Serbs to be allowed visa-free entry to Switzerland for short stays

This content was published on Oct 9, 2024 Kosovo Serbs will be able to travel to Switzerland for stays of up to 90 days without a visa.

Full story here Are you the author?

About Swissinfo

SWI swissinfo.ch – the international service of the Swiss Broadcasting Corporation (SBC). Since 1999, swissinfo.ch has fulfilled the federal government’s mandate to distribute information about Switzerland internationally, supplementing the online offerings of the radio and television stations of the SBC. Today, the international service is directed above all at an international audience interested in Switzerland, as well as at Swiss citizens living abroad.

My articles My site About me My books
Follow on:Twitter Facebook Google +