Rx for Indian pharma
The decision of the USFDA to put Ranbaxy's bulk drug unit in Toansa under import alert is a big blow to it. A lot has to be done if India is to be called the global pharmacy of the world, now and in future. Daiichi-Sankyo, the Japanese innovator company, is in control of Ranbaxy for almost five years but regulatory problems continue to plague the company. The USFDA is looking at Ranbaxy with a magnifying lens.
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