G.D. Searle LLC, a Chilean subsidiary of pharma giant Pfizer, has responded to accusations by the country’s economic prosecutors, the FNE, and the country’s Tribunal for the Defense of Free Competition (TDLC), rejecting claims of market power abuse in the sale and placement of medicines containing the Celecoxib active ingredient, dominated by the brand’s Celebra formula.
The response, filed by Chilean attorney Guillermo Carey, states that “the FNE’s assessments are incorrect, and suffer from serious vices that lay bare a lack of understanding of the patent medicine system, which totally undermine the argument presented.” The statement clarifies that the conducts being denounced by the economic regulator as exclusionary and abusive are in fact “correspondent to the legitimate enforcement of G.D. Searle’s right to obtain – and then to defend- a currently valid patent protection.”
The statement emphasizes that their patent protection was granted through legitimate means. Furthermore, the company states, this protection has not only been granted in Chile, but also in several other countries such as Japan, Australia, Canada, China and India, where “it enjoys active, peaceful protection.”
Full Content: Economía y Negocios
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.
Featured News
Belgian Authorities Detain Multiple Individuals Over Alleged Huawei Bribery in EU Parliament
Mar 13, 2025 by
CPI
Grubhub’s Antitrust Case to Proceed in Federal Court, Second Circuit Rules
Mar 13, 2025 by
CPI
Pharma Giants Mallinckrodt and Endo to Merge in Multi-Billion-Dollar Deal
Mar 13, 2025 by
CPI
FTC Targets Meta’s Market Power, Calls Zuckerberg to Testify
Mar 13, 2025 by
CPI
French Watchdog Approves Carrefour’s Expansion, Orders Store Sell-Off
Mar 13, 2025 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Self-Preferencing
Feb 26, 2025 by
CPI
Platform Self-Preferencing: Focusing the Policy Debate
Feb 26, 2025 by
Michael Katz
Weaponized Opacity: Self-Preferencing in Digital Audience Measurement
Feb 26, 2025 by
Thomas Hoppner & Philipp Westerhoff
Self-Preferencing: An Economic Literature-Based Assessment Advocating a Case-By-Case Approach and Compliance Requirements
Feb 26, 2025 by
Patrice Bougette & Frederic Marty
Self-Preferencing in Adjacent Markets
Feb 26, 2025 by
Muxin Li