Roche CEO comes out against approving takeover of drug manufacturer Catalent
FRANKFURT, Oct 23 (Reuters) -The CEO of Swiss pharmaceuticals giant Roche ROG.S said competition authorities should not allow the controlling shareholder of Novo Nordisk NOVOb.CO to acquiring contract drug manufacturer Catalent CTLT.N.
"It's not a problem for us, but it could be a problem for other smaller players, if there is a restriction in how many (contract manufacturers) are available. From an industry perspective, it would be a wrong decision by authorities," Roche's CEO Thomas Schinecker said in a media call after the release of quarterly sales.
Reporting by Ludwig Burger, Editing by Rachel More
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