Financial Times FT.com

Drugs groups braced for EU competition probes

By Nikki Tait in Brussels and Andrew Jack in London

Published: November 25 2008 02:00 | Last updated: November 25 2008 02:00

Drug companies are bracing themselves for European Union probes into anti-competitive behaviour after the publication this week of an intensive inquiry into the pharmaceuticals sector.

Neelie Kroes, EU competition commissioner, is poised to release interim findings from an investigation launched in January to examine practices by innovator and generic drug companies that she suggested could be slowing the launch of new patented and cheaper generic medicines.

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