GSK fined after anti-depressant sales probe in Britain
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One of the world's biggest pharmaceutical giants, GlaxoSmithKline (GSK), has been fined more than 37.1 pound sterling or $54 million, Britain's Competition and Markets Authority announced.
GSK and other companies were fined a total of 44.7 pound sterling or $65 million by the authority for anti-competitive conduct and agreements in relation to the supply of an anti-depressant drug, Xinhua reported.
The CMA said its decision relates to conduct and agreements between 2001 and 2004 in which GSK, the supplier of branded paroxetine (an anti-depressant medicine), agreed to make payments and other value transfers totalling over $72 million to suppliers of generic versions of the drug.
GSK and other companies were fined a total of 44.7 pound sterling or $65 million by the authority for anti-competitive conduct and agreements in relation to the supply of an anti-depressant drug, Xinhua reported.
The CMA said its decision relates to conduct and agreements between 2001 and 2004 in which GSK, the supplier of branded paroxetine (an anti-depressant medicine), agreed to make payments and other value transfers totalling over $72 million to suppliers of generic versions of the drug.
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