Margrethe Vestager Eu medicines patient Margrethe Vestager Eu

EU fines drug makers for keeping cheap medicine off market

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The European Union has fined two pharmaceutical companies for colluding to keep a cheap alternative to a sleep disorder medicine off the market for their profit and at the expense of patients.

EU antitrust commissioner, Margrethe Vestager, said that Teva pharmaceuticals and Cephalon, a company it later acquired, must pay 60.5 million euros ($72 million) for agreeing between themselves to delay for years the launch of Teva's cheaper version of Cephalon's blockbuster Modafinil.

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Founder of Philly Fighting COVID agrees to destroy personal health data collected during clinic debacle
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