UK watchdog fines Viatris $1.9 mln over rule breach in Theramex probe
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The UK's competition watchdog has fined Viatris $1.9 million for breaching rules during an investigation into Theramex's acquisition of European rights to two of Viatris's women's healthcare product ranges.
November 22, 2024 | 10:15 am
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Viatris has been fined $1.9 million by the UK's competition watchdog for violating an order during an investigation related to Theramex's acquisition of rights to Viatris's products.
The fine indicates regulatory challenges for Viatris, which could negatively impact investor sentiment and the stock price in the short term. The breach of rules during an investigation suggests potential compliance issues.
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