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EU warns of antitrust probes into drug makers

BRUSSELS (AP) - The European Union is warning of a wave of
antitrust probes into major drug makers Wednesday, saying they were
deliberately stalling cheaper generic medicines.
It started an investigation Wednesday into France's Les
Laboratoires Servier for hindering the launch of generic versions
of its heart disease drug. Regulators said they suspected that
Servier did deals with generic rivals to hold back cheaper
versions.
The European Commission said it would monitor deals between
major pharmaceutical companies and generic drug makers because
"every week and month of delay costs money to patients and
taxpayers."
Generic drugs are 40 percent cheaper than branded drugs, it
said.


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