Swiss competition commission investigating pharmaceutical firm over patent use

The Swiss competition commission (COMCO) has opened an investigation against a pharmaceutical company concerning possible unlawful use of a patent to reduce competitive pressure, it said on Thursday. As part of the investigation, COMCO conducted an early morning raid on the unnamed company on Sept.

Reuters| Berlin | Germany

Updated: 15-09-2022 10:55 IST | Created: 15-09-2022 10:45 IST

Image Credit: Wikipedia

The Swiss competition commission (COMCO) has opened an investigation against a pharmaceutical company concerning possible unlawful use of a patent to reduce competitive pressure, it said on Thursday. As part of the investigation, COMCO conducted an early morning raid on the unnamed company on Sept. 13, it said.

"The 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," said COMCO in a statement.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)

READ MORE ON

MurraySwissMiranda

READ MORE

OPINION / BLOG

LATEST NEWS

VIDEOS

View All