Examples of GSK in a sentence
Intellectual Property Rights arising during or out of the provision of Services shall be and remain the property of GSK.
It requested the Competition Tribunal inter alia to make “an order authorising any person to exploit the patents to market generic versions of the respondents patented medicines […] in return for the payment of a reasonable royalty”.12• Before the referral and prosecution of the case, GSK and BI concluded separate settlement agreements with the Competition Commission.
In this case, the investigation was triggered by the excessive pricing of ARVs by GSK and BI and by their refusal to license at royalty rates affordable to generic South African manufacturers.11• Following the complaint and after conducting an investigation, the Competition Commission agreed with the complainants and found that GSK and BI abused their dominant positions in their respective ARV markets.
Thereafter, the complainants demonstrated through a pricing analysis that there was “at least powerful prima facie evidence that grossly excessive prices [were] being charged” by GSK and BI, in violation of the Competition Act.
The Competition Commission concluded that GSK and BI violated not only section 8(a) of the Competition Act by charging excessive prices for their ARVs, but also sections 8(b) and (c), by denying competitors access to an essential facility and by engaging in an exclusionary act.