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Largest Animal Health Firm Zoetis Hit With European Probe Over Possible Breach of Competition Rules Related To Dog Pain Medicine - Zoetis (NYSE:ZTS)

The European Commission launches probe into Zoetis over alleged market interference in dog pain medication launch. Focus on Zoetis' Librela monoclonal antibody for osteoarthritis pain relief in dogs raises antitrust concerns.
Margrethe Vestager Zoeti Librela Zoetis Inc European Commission European Economic Area

Largest Animal Health Firm Zoetis Hit With European Probe Over Possible Breach of Competition Rules Related To Dog Pain Medicine

The European Commission announced on Tuesday that it has initiated an investigation into whether Zoetis Inc (NYSE: ZTS hindered the market launch of a competing pain medication for dogs. Zoetis’ Librela is the first and only monoclonal antibody medicine approved in Europe to treat pain associated with osteoarthritis in dogs. The medicine is administered monthly and offers a novel pain relief option, particularly relevant for older dogs. The European Commission said that Zoetis, while work...
Margrethe Vestager Zoeti Librela Zoetis Inc European Commission European Economic Area Stock Market Game
Source: yahoo.com

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Zoetis in EU antitrust crosshairs over rival dog pain medicine

By Foo Yun Chee and Bart H. Meijer (Reuters) -EU antitrust regulators have started an investigation into whether Zoetis blocked the market launch of a rival pain medicine for dogs, the European Commission said on Tuesday, a move that could result in a hefty fine for the U.S. pet products maker. Antitrust regulators on both…
Barth Meijer Foo Yun Chee Zoeti Librela Foo Yun Cheeediting Bart Meijer Tomasz Janowski

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