US FDA pulls 27 Ranbaxy ANDAs approvals under consent decree

23 August 2012

The Food and Drug Administration is withdrawing approval of 27 Abbreviated New Drug Applications (ANDAs) held by Indian drugmaker Ranbaxy Laboratories (AB: BO). The drugs are no longer marketed, and Ranbaxy has requested that the approval of the applications be withdrawn. Ranbaxy’s shares rose 4.1% to 534.50 rupees by close of trading yesterday. .

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