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India's Ranbaxy falls on media report of U.S. FDA query on plant

Started by riky, June 24, 2013, 09:00:19 AM

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riky

India's Ranbaxy falls on media report of U.S. FDA query on plant

<p><a href="http://news.yahoo.com/indias-ranbaxy-falls-media-report-u-fda-query-041336339.html"><img src="http://l2.yimg.com/bt/api/res/1.2/AwrsHJ6d8989A8Bpd2Jggg--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2013-06-24T041336Z_1_CBRE95N0BQS00_RTROPTP_2_INDIA-RANBAXY-US.JPG" width="130" height="86" alt="A general view of the office of Ranbaxy Laboratories is pictured at Gurgaon" align="left" title="A general view of the office of Ranbaxy Laboratories is pictured at Gurgaon" border="0" /></a>MUMBAI (Reuters) - Shares of Ranbaxy Laboratories Ltd fell as much as 2.3 percent on Monday after newspaper Business Standard reported the U.S. Food and Drug Administration had raised concerns about a plant in northern India, citing unidentified sources. Business Standard said the FDA had issued form 483 to Ranbaxy regarding its Mohali plant. That form is issued when U.S. inspectors see conditions they believe may violate U.S. rules. A Ranbaxy spokesman declined to comment when asked if the drug maker had received the 483 form. ...</p><br clear="all"/>

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