Tokyo prosecutors raid Novartis Japan unit over clinical data probe
TOKYO, June 12
TOKYO, June 12 (Reuters) - Tokyo prosecutors on Thursday raided the Japanese unit of Novartis AG on suspicion of manipulating data to promote the Swiss drugmaker's best-selling blood pressure drug Diovan, a local Novartis spokeswoman said.
The raid comes a day after prosecutors arrested a former employee at Novartis Pharma K.K., the unlisted Japanese subsidiary, in the same case of suspected violation of laws that prohibit exaggerated advertising.
The spokeswoman repeated the company's statement a day earlier that Novartis took the matter seriously and that it would continue to cooperate with the investigating authorities. (Reporting by Chang-Ran Kim; Editing by Chris Gallagher)
- Citing security threat, Obama expands U.S. role fighting Ebola
- Tesla prevails in top Massachusetts court over direct sales
- Russia needs government investment to avoid recession, says former finance minister
- Boeing, SpaceX win contracts to build 'space taxis' for NASA
- Stocks end higher on bet Fed won't change rate stance