Sandoz Seeks EU Probe into Cheap Chinese Antibiotics
Europe's last integrated penicillin plant in Austria faces closure as heavily subsidized Chinese imports drive down prices. Sandoz has asked the European Commission for an anti-dumping investigation to protect regional supply.
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Sandoz Group AG asked the European Commission to investigate cheap Chinese penicillin imports, threatening Europe's last fully integrated manufacturing plant in Austria. The move follows a €200M expansion backed by public funds to safeguard regional supplies of life-saving antibiotics. Europe now relies heavily on foreign manufacturing as low-cost imports undercut local production costs.
