Turkish competition watchdog launches probe into 19 pharma companies

Türkiye’s competitors watchdog Thursday introduced it had launched an investigation into 19 pharmaceutical firms to find out whether or not they had violated competitors regulation.

In a press release, the Competition Authority (RK) mentioned it had selected Nov. 9 to launch the probe into firms together with AstraZeneca, Bayer, GlaxoSmithKline, Johnson & Johnson, Bausch & Lomb, Sanofi and Pfizer. It offered no additional particulars.

Asked in regards to the matter, AstraZeneca mentioned it doesn’t touch upon ongoing investigations as a matter of coverage, Reuters reported.

GlaxoSmithKline, Sanofi and Germany’s Merck KGaA all mentioned they had been absolutely cooperating with competitors authorities in Türkiye, however didn’t elaborate additional.

In a press release, BASF mentioned it was assessing the matter and was dedicated to excessive requirements of authorized compliance and business ethics.

AbbVie, Abdi Ibrahim, Bausch & Lomb, Bayer, Ilko, Johnson & Johnson, Liba, Menarini, Michael Page International, Panasonic, Pfizer, SIFI and World Medicine couldn’t instantly be reached for remark.

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