The US FDA found a carcinogenic substance in some samples of acidity medicine Ranitidine.
Ranitidine had a knee-jerk impact on some of the Indian pharma and API companies. The overall ranitidine market for Indian companies is worth nearly Rs 200 crore.
Sakshi Batra does a 3-Point Analysis of why this drug is under the lens and what it could mean for pharma and API companies.
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