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Sanofi, Teva and Novartis raided in antitrust probe

By Nikki Tait in Brussels and Andrew Jack and Jane Croft in London

Published: October 6 2009 20:19 | Last updated: October 6 2009 20:19

Sanofi-Aventis, the Paris-based pharmaceutical group, Israel’s Teva, the world’s largest generic drugs producer, and Novartis of Switzerland have all been raided by European competition officials in a fresh probe into suspected antitrust breaches believed to have occurred in France.

The European Commission said “surprise inspections” began at a number of pharmaceutical companies because of concerns about “possible anti-competitive business practices and/or abuse of a dominant position”.

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