BRUSSELS, Dec 6 (Reuters) - Novo Holdings on Friday
gained unconditional EU antitrust approval for its $16.5 bln
acquisition of U.S. contract drug maker Catalent ( CTLT ) after
EU regulators said they did not see any competition issues.
Novo Holdings, the controlling shareholder of Danish
drugmaker Novo Nordisk, which makes the blockbuster
weight-loss drug Wegovy, had announced the deal in February.
"The proposed merger would not raise competition concerns on
any of the markets examined in the EEA (European Economic Area)
or on any substantial part of it," the European Commission said
in a statement, confirming a Reuters story.
The EEA refers to the 27 EU countries, Iceland,
Liechtenstein and Norway.
The EU antitrust watchdog said there are sufficient
competing alternatives in the market.
Soaring sales of Wegovy have made Novo Nordisk Europe's most
valuable company by market value.
(Reporting by Foo Yun Chee, additional reporting by Ludwig
Burger in Frankfurt;)