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EC fines Teva $502m over multiple sclerosis treatment Copaxone practices

By Yahoo! Finance   |   Nov 1, 2024 at 06:59 AM EST
EC fines Teva $502m over multiple sclerosis treatment Copaxone practices

The European Commission fined Teva Pharmaceuticals Industries €462.6m for anti-competitive practices related to multiple sclerosis treatment Copaxone. Teva extended patent protection, disseminated misleading information, and disparaged competitors to block market entry, violating EU regulations. Teva plans to appeal the decision.

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