Big Pharma's Johnson & Johnson under investigation in South Africa over 'excessive' drug prices

FILE - A Johnson & Johnson logo on the exterior of a first aid kit in Walpole, Mass., Feb. 24, 2021. South Africa-Johnson & Johnson-Investigation. U.S.-based pharmaceuticals company Johnson & Johnson is being investigated in South Africa for allegedly charging “excessive” prices for a key tuberculosis drug. The government-appointed commission that regulates business practices in the country announced the investigation on Friday, Sept. 15, 2023. (AP Photo/Steven Senne, File)

CAPE TOWN, South Africa (AP) — U.S.-based pharmaceuticals company Johnson & Johnson is being investigated in South Africa for allegedly charging “excessive” prices for a key tuberculosis drug, the country's antitrust regulator said Friday.

J&J's Belgium-based subsidiary is also under investigation, South Africa's Competition Commission said.

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