Mumbai: Ranbaxy Laboratories Ltd shares were down over 1 per cent in early trade on Tuesday after the generic drugmaker pleaded guilty to US felony charges related to drug safety and will pay $500 million in civil and criminal fines.
The settlement is its largest-ever with a generic drugmaker over drug safety, according to the US government.
Ranbaxy USA pleaded guilty to three felony counts related to the manufacture of drugs at two Indian locations that did not meet safety standards and to four counts of making material false statements.
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10:13 AM, May 14, 2013
It's a breakthrough. A new line of treatment for multi-drug resistant (MDR) tuberculosis has been approved by the US Food and Drug Administration for the first time in 40 years. Tested on 440 patients in the US in two phase-II clinical trials, the drug Sirturo could prove to be a game changer. ...
11:37 AM, Jan 05, 2013
New York: A popular energy drink, produced by a company founded by an Indian-American billionaire, has come under the scanner in the US after reports of 13 deaths possibly linked to the energy shots. However, Lucknow-born CEO of '5-Hour Energy', Manoj Bhargava dismissed the allegations against his firm as "false" and "ridiculous". The popular energy drink is being investigated by the US Food and Drug Administration (USFDA) after 13 deaths...
10:17 AM, Nov 16, 2012
Mumbai: Last month, the Food and Drug Administration (FDA) had filed 67 complaints at police stations across the state under various sections of the Drugs and Magic Remedies (Objectionable advertisements) Act, 1955. These include complaints against advertisements of products such as 'Sandhi Sudha plus', 'Step up herbal oil' and 'Power Prash', which are promoted by leading Bollywood stars. The FDA had lodged complaints, demanding action against the drug manufacturers, scriptwriters...
10:58 AM, Aug 23, 2012
Washington: The Food and Drug Administration has approved the first over-the-counter HIV test, allowing Americans to test themselves for the virus that causes AIDS in the privacy of their homes. The OraQuick test detects the presence of HIV in saliva collected using a mouth swab. The test is designed to return a result within 20 to 40 minutes. Government officials estimate one-fifth, or about 240,000 people, of the 1.2 million...
10:07 AM, Jul 07, 2012
Mumbai: Gutka packets on average contain seven per cent magnesium carbonate, which is a chemical used in fire extinguishers, according to The Food And Drug Administration. The news is alarming as 206 million Indians use some form of smokeless tobacco. The World Health Organisation estimates that 26 per cent of adults in India, use some form of smokeless tobacco and 40 per cent of them die because of this habit....
10:42 AM, Apr 20, 2012
CNN-IBN brings you details of the latest warning from the US FDA. ...
12:23 AM, Jul 10, 2009
Seoul's food watchdog KFDA tests found melamine in the cookies. ...
01:01 AM, Sep 26, 2008
The champion batsman interacted with the wheel-chair bound soldiers via a video conference prior to his 38th birthday. ...
02:45 PM, Jan 18, 2008
Karachi: Former Pakistan greats such as Imran khan, Javed Miandad, Wasim Akram, Moin Khan and Rashid Latif all believe it would be worth a risk playing Shoaib as his replacement, Wahab Riaz, has not played in India before nor is bowling well in the tournament. However, if a well-placed source in the Pakistan team is to be believed, the team management including skipper Shahid Afridi and coach Waqar Younis, are...
04:44 PM, Jan 08, 2008
Johannesburg: A tell-all book about South African cricket by batsman Hershelle Gibbs was sold out within two days, the South African Sunday Times reported on Sunday. Gibbs, who is still under contract to the South African national team, describes sex orgies involving national team players and marijuana-smoking in To The Point. He also says the South African national team, which is called the Proteas, are controlled by a small clique,...
10:51 AM, Nov 02, 2007
Cheng was convicted of taking $850,000 in bribe to clear unsafe drugs. ...
10:23 PM, Jul 10, 2007
A late night raid by the Maharashtra Food and Drug Administration has blown the lid on a milk adulteration racket. ...
08:15 PM, Feb 15, 2007
