Sun Pharma says it has a very clear strategic intent to invest in its specialty business in core therapeutic areas.
Violations include not cleaning equipment used to manufacture drugs and failing to prevent contamination, leading to adulteration, the FDA said. The US regulator has asked the firm to immediately assess global manufacturing operations to ensure its products conform to standards.
Buoyed by the success of it's field force expansion two years ago, Sun Pharma is planning another round of expansion in the current fiscal to enhance brand focus.
The United States Food and Drug Administration (USFDA) inspected the Halol facility from November 17, 2016 through December 1, 2016, Sun Pharma said in a BSE filing.
Sun Pharma CFO Uday Baldota said given the complexity of the merger, it is difficult to give guidance for FY16, adding that the company is undertaking remediation plans for all Ranbaxy facilities.
It is becoming increasingly clear that India is going to play a very key role in the global alliance between General Motors and Peugeot Citroen. Sources say that the two companies are currently discussing the viability of Peugeot Citroen using General Motor India’s Halol facility in Gujarat, reports Ronojoy Banerjee of CNBC-TV18.