Test results from Hetero Labs show the amount of NDMA found in its valsartan active pharmaceutical ingredient (API) exceeds acceptable levels.
The company will manufacture injectables at the Andhra unit and tablets and capsules in Guwahati units. These three units will add roughly around 20-25 percent turnover to the company, he said without divulging investment figures.
The noose is tightening around Jagan Reddy. With the CBI arresting a noted Andhra industrialist as well as a former government secretary in the alleged disproportionate-assets case involving the Kadapa MP, Jagan's arrest too now looks imminent, reports CNBC-TV18's Appaji Reddem.
Multinational drug majors Pfizer and AstraZeneca have filed separate patent infringement cases against city-based Pharma Company Hetero Drugs in two different US courts.
US-based Gilead Sciences has roped in four Indian pharmaceutical companies to develop and market three new generic HIV/AIDS drugs in over 100 countries. The drugs are currently in final stages of clinical development. CNBC-TV18's Appaji Reddem and Ashwin Mohan delve deeper.