May 17, 2019 / 2:17 AM / 10 days ago

BRIEF-Australian Competition & Consumer Commission Says GSK And Novartis Misled Consumers

May 17 (Reuters) - Australian Competition & Consumer Commission (ACCC):

* GSK AND NOVARTIS MISLED CONSUMERS WITH VOLTAREN OSTEO GEL CLAIMS

* FEDERAL COURT FOUND GLAXOSMITHKLINE HEALTHCARE AUSTRALIA AND NOVARTIS CONSUMER HEALTH AUSTRALASIA BREACHED AUSTRALIAN CONSUMER LAW

* AN ACCC PROBE FOUND THAT DESPITE HAVING SAME ACTIVE INGREDIENTS, OSTEO GEL WAS OFTEN SOLD AT A SIGNIFICANTLY HIGHER RETAIL PRICE THAN EMULGEL

* HEARING WILL BE HELD AT A LATER DATE TO DETERMINE PENALTIES SOUGHT BY THE ACCC Source text: bit.ly/2W6aHq2 Further company coverage:

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below