Drug group’s parallel trade victory

GlaxoSmithKline claimed victory, September 2006, in a long legal battle to prevent the re-export of its medicines from Greece to other higher-priced European markets, following a ruling by the Hellenic Competition Committee

European Association of Euro-Pharmaceutical Companies http://www.eaepc.org/

GlaxoSmithKline: Press Release, 5.9.06: GlaxoSmithKline receives positive decision in Greek parallel trade case http://www.gsk.com/ControllerServlet?appId=4&pageId=402&newsid=886

Greece: Hellenic Competition Commission: Press Release, 5.9.06: Decision over “GLAXOSMITHKLINE S.A.” for infringement of article 2 of Law 703/77. http://www.epant.gr/Photos/20060905_pressrelease_glaxo.pdf

---