Monday, 21 November 2016

Sun Pharma, Wockhardt in news on re-inspections, lawsuits


 
The inspection was largely positive in the large scheme of things because the Mohali unit was under an import alert since 2013 and wasn’t contributing financially to Sun Pharma or Ranbaxy. Meanwhile, sources also say that USFDA has begun re-inspection of the Halol unit. Wockhardt, Sun Pharma, Tara, Novartis and other pharma company Perrigo are also in focus on account of reports from the US that there are lawsuits filed by Unions representing the New York Police Department on price collusion of two dermatology products. The allegation is that they have raised prices by around 1000 percent in the last couple of years. Companies like Taro are facing an anti-trust probe by the US Justice Department, say sources.
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