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Celgene antitrust probe closed by Brazil's CADE

( February 28, 2023, 16:52 GMT | Official Statement) -- MLex Summary: A Brazilian investigation into US pharmaceutical company Celgene for allegedly creating barriers to competition, foreclosing the market and abusing its intellectual property rights in the medicines market has been closed. The Administrative Council for Economic Defense, or CADE, started the investigation after a complaint by pharmaceutical firm Eurofarma. In its decision closing the probe, which involves Celgene's Revlimid, a medicine used for cancer treatment, CADE found that there's no refusal to contract by Celgene, nor is there any abuse of intellectual property. Finally, CADE said the lawsuits filed by Celgene against Eurofarma before courts involve private interests.CADE statement and decision follow in Portuguese:...

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