Monday, July 14, 2008

American Health Regulator USFDA - July 14, 2008

American health regulator USFDA has filed a motion in a US court seeking ''certain'' documents from Ranbaxy, amid reports of systematic fraudulent conduct, which the company denied. It has asked the court to order Ranbaxy & Parexel to comply fully with issued subpoenas. Ranbaxy and Parexel have been asked to produce all responsive documents. No legal proceedings has been initiated against us and we continue to co-operate with the Department of Justice. We are planning to file a response to this on the 14th of July. The spokesperson, however, admitted that USFDA had filed a motion in a US court seeking certain documents. The spokesperson refused to disclose as to what the USFDFA was seeking clarifications on from the company. A section of the media has reported that USFDA has taken Ranbaxy to the court for systematic fraudulent conduct and has asked the court to force Ranbaxy to internally review the manufacturing operations.

No comments: