Thursday, December 22, 2011

Ranbaxy settles with FDA over manufacturing - Yahoo! Finance

Indian pharmaceutical giant Ranbaxy Laboratories Ltd. said Tuesday that it has signed a settlement with the U.S. Food and Drug Administration, committing to bolster its product manufacturing practices.

The company also said it intends to set aside a provision of $500 million to cover any potential criminal and civil liability stemming from an investigation by the U.S. Department of Justice.

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Ruby Claire said...
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