Wednesday, February 19, 2014

Japanese raid Novartis offices in criminal probe...

Japanese prosecutors on Wednesday raided the offices of the local arm of Swiss pharmaceutical giant Novartis over alleged exaggerated advertising for a popular blood-pressure drug, local media said.

Officials from the Tokyo Prosecution Office were searching the headquarters of Novartis Pharma KK in central Tokyo, public broadcaster NHK and other media reported.

The raid came after the health ministry filed a criminal complaint against the firm, which has been under fire since a university said the data in clinical studies might have been skewed to promote the drug, Valsartan.

A Novartis spokesman declined to comment on the raid.

 "We cannot say anything related to the investigation," the spokesman said, "but we are taking this situation extremely seriously and will continue to fully cooperate with authorities." Full story...

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