Sales of Rs 807 crore will be hit due to the ban on 14 FDCs announced last week. A majority of the cocktail drugs are from the respiratory segment.
The government had banned the FDC medicines including popular names like Corex cough syrup, Vicks and D-cold on March 10 terming them a 'risk' to humans.
The Delhi High Court today quashed the government notification on March 10 that banned 344 fixed-dose combination drugs.
In an interview to CNBC-TV18, Andrew Aristidou, CFO of GlaxoSmithKline Pharmaceuticals spoke about the results and his outlook for the company.
In an interview with CNBC-TV18, Dinesh Dua, CEO of Nectar Lifesciences spoke about the results and his outlook for the company.
The company is expecting strong growth in the current fiscal both from India and US. Major approvals are expected to drive growth for Glenmark, says Chairman and Managing Director Glenn Saldanha.