• STAT+: Novartis is fined by Belgian regulators for anticompetitive practices over an eye treatment

    6 days ago - By STAT

    Belgian anti-trust regulators fined Novartis nearly $2.8 million for making misleading statements about a treatment for a serious eye disease, the latest instance in which the company was cited by a government for anticompetitive practices in connection with the medication.
    The fine is only the latest act in a long-running drama over Lucentis, which is used to treat age-related macular degeneration, a common disease among the elderly that can lead to blindness. However, an older and cheaper cancer medication called Avastin is often repackaged by physicians to treat the eye disease, even...
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