Moneycontrol > News > CNBC-TV18 Comments

Mar 28, 2011, 08.55 PM IST

Pfizer arm recalls 500 bottles of 2 mislabelled drugs

Greenstone, the generic arm of pharmaceutical major Pfizer has voluntarily recalled two drugs on account of mislabeling reports CNBC-TV18's Ekta Batra.

Markets Midday at 11:00 am
Share Share on Tumblr
Share  .  Email  .  Print  .  A+
Greenstone, the generic arm of pharmaceutical major Pfizer  has voluntarily recalled two drugs on account of mislabeling reports CNBC-TV18's Ekta Batra.


"Around 500 bottles of Finasteride (a drug used to treat prostatic hyperplasia, a non-cancerous prostate enlargement) have been labelled as Citalopram (an anti-depressant)," sources close to the development said.


Aurobindo Pharma supplies these formulations to Pfizer. However, the source of the lapse is yet unknown—weather the mislabeling has happened on the pharmacy level or at Aurobindo's end.


At 11:43 am Aurobindo was quoting at Rs 189.85, down Rs 8, or 4.04%. However, Pfizer continued to quote higher at Rs 1,214.70, up Rs 22.75, or 1.91%.


More from the block: Natco Pharma to sell US pharma biz when opportunity knocks


Set email alert for

Pfizer Aurobindo Pharm
Action in Pfizer
PlayStation 4 up for pre-order in India
The inside story of how Sonia's spin doctoring works "The inside story of how Sonia's spin doctoring works"

From DJ EU Officials Spain Aid Cap Of 100 Bn Euros 'should Be Enough'

The latest earning numbers FIRST on CNBC-TV18
News Videos

Jun 18 2013, 22:39

Indian equities` long-term fundamentals intact: ICICI Pru

- in MARKET OUTLOOK

Sign in

We notice that this Email ID is already verified against Moneycontrol User ID. Just enter your password and login to Set Alert.

UserID:
Password:

Forgot Password?