Lipitor

Pfizer and Allergan will join in a $160 billion deal to create the world's largest drugmaker.

US District Judge Peter Sheridan in Trenton, New Jersey, ruled that the plaintiffs, retailers and distribution companies that bought Lipitor directly from Pfizer, failed to plead their case with enough detail.

Ranbaxy confirmed the recall of select batches of the drug, a generic version of Pfizer Inc's Lipitor, but said the company had not received any product complaints.

Ranbaxy recalled tablets of atorvastatin calcium, the generic version of Pfizer Inc's cholesterol fighter Lipitor, after a pharmacist found a 20-milligram tablet in a sealed bottle marked for 10-milligram tablets, the US Food and Drug Administration (FDA) said on its website.

Ranbaxy Laboratories, India's largest drugmaker by sales, reported a 90 per cent drop in first quarter net profit compared to the same year-ago period, when it had exclusive rights to a generic version of cholesterol lowering drug Lipitor in the United States.

Global brokerage Nomura has upgraded the stock of drug major Ranbaxy to a buy from neutral, and set its 12-month target price at Rs 475.

HSBC raised its rating on shares of Ranbaxy Laboratories Ltd to 'overweight' from 'underweight' after the Indian drug-maker said it would resume production of a generic version of cholesterol fighter Lipitor for sale in the United States.

Generic drugmaker Ranbaxy Laboratories Ltd said on Friday it will resume production of its version of Pfizer's cholesterol fighter Lipitor for sale in the United States after resolving the issues that led to a November recall.

Ranbaxy Laboratories has stopped production of its generic version of cholesterol lowering drug Lipitor until it investigates the issue of potential glass particles in certain lots, the US health regulator has said.

Drugmaker Ranbaxy Laboratories Ltd has recalled its generic version of Pfizer Inc's cholesterol-lowering drug Lipitor in the United States after certain batches were found to contain glass particles.

The recall will temporarily disrupt supplies of the generic Lipitor to the US, Ranbaxy, a unit of Japan's Daiichi Sankyo, said in a statement to the Bombay Stock Exchange today.

Consolidated sales jumped 55 per cent at Rs 3,700 crore year-on-year. Net soared 310%.

Sales in the US, where Pfizer's patent expired on November 30 for Lipitor, the top-selling drug in history, fell to $5.95 billion, from $7.02 billion.

Ranbaxy has started exports of a copycat version of blockbuster cholesterol drug Lipitor to India.

Group Ranbaxy Laboratories has launched generic copies of Lipitor in four European markets.

Pfizer and Allergan will join in a $160 billion deal to create the world's largest drugmaker.

US District Judge Peter Sheridan in Trenton, New Jersey, ruled that the plaintiffs, retailers and distribution companies that bought Lipitor directly from Pfizer, failed to plead their case with enough detail.

Ranbaxy confirmed the recall of select batches of the drug, a generic version of Pfizer Inc's Lipitor, but said the company had not received any product complaints.

Ranbaxy recalled tablets of atorvastatin calcium, the generic version of Pfizer Inc's cholesterol fighter Lipitor, after a pharmacist found a 20-milligram tablet in a sealed bottle marked for 10-milligram tablets, the US Food and Drug Administration (FDA) said on its website.

Ranbaxy Laboratories, India's largest drugmaker by sales, reported a 90 per cent drop in first quarter net profit compared to the same year-ago period, when it had exclusive rights to a generic version of cholesterol lowering drug Lipitor in the United States.

Global brokerage Nomura has upgraded the stock of drug major Ranbaxy to a buy from neutral, and set its 12-month target price at Rs 475.

HSBC raised its rating on shares of Ranbaxy Laboratories Ltd to 'overweight' from 'underweight' after the Indian drug-maker said it would resume production of a generic version of cholesterol fighter Lipitor for sale in the United States.

Generic drugmaker Ranbaxy Laboratories Ltd said on Friday it will resume production of its version of Pfizer's cholesterol fighter Lipitor for sale in the United States after resolving the issues that led to a November recall.

Ranbaxy Laboratories has stopped production of its generic version of cholesterol lowering drug Lipitor until it investigates the issue of potential glass particles in certain lots, the US health regulator has said.

Drugmaker Ranbaxy Laboratories Ltd has recalled its generic version of Pfizer Inc's cholesterol-lowering drug Lipitor in the United States after certain batches were found to contain glass particles.

The recall will temporarily disrupt supplies of the generic Lipitor to the US, Ranbaxy, a unit of Japan's Daiichi Sankyo, said in a statement to the Bombay Stock Exchange today.

Consolidated sales jumped 55 per cent at Rs 3,700 crore year-on-year. Net soared 310%.

Sales in the US, where Pfizer's patent expired on November 30 for Lipitor, the top-selling drug in history, fell to $5.95 billion, from $7.02 billion.

Ranbaxy has started exports of a copycat version of blockbuster cholesterol drug Lipitor to India.

Group Ranbaxy Laboratories has launched generic copies of Lipitor in four European markets.