HomeNewsBusinessMarketsUSFDA settlement to hit Ranbaxy by Rs 60/sh: Espirito Santo

USFDA settlement to hit Ranbaxy by Rs 60/sh: Espirito Santo

Ranbaxy Laboratories said it has reached a settlement with the US Food and Drug Administration while setting aside USD 500 million to address its potential liability from a separate US Justice Department investigation.

December 21, 2011 / 11:53 IST
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Ranbaxy Laboratories said it has reached a settlement with the US Food and Drug Administration while setting aside USD 500 million to address its potential liability from a separate US Justice Department investigation.

Speaking to CNBC-TV18, Chirag Talati of Espirito Santo Securities said, the move is likely take Ranbaxy
first published: Dec 21, 2011 09:31 am

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