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ranbaxy laboratories ltd (RANBAXY) Details

Ranbaxy Laboratories Limited, a pharmaceutical company, develops, manufactures, and markets pharmaceutical products. The company offers generics, differentiated products, over-the-counter products, anti-retrovirals, active pharmaceutical ingredients, and intermediates. Its products are used for the treatment in various therapy areas, including anti-infectives, cardiovascular, pain and musculoskeletal, central nervous system, gastrointestinal, respiratory, anti-retrovirals, dermatology, orthopaedics, nutritionals, urology, and diabetes. The company offers a portfolio of approximately 500 molecules in the forms of tablets, capsules, injectables, inhalers, ointments, creams, and liquids. Ranbaxy Laboratories Limited operates in India, Europe, North America, the Asia Pacific, and Africa. The company was founded in 1961 and is headquartered in New Delhi, India. Ranbaxy Laboratories Limited is a subsidiary of Daiichi Sankyo Company, Ltd.

15,300 Employees
Last Reported Date: 07/1/14
Founded in 1961

ranbaxy laboratories ltd (RANBAXY) Top Compensated Officers

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Chief Executive Officer of Indian Operations
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Compensation as of Fiscal Year 2015.

ranbaxy laboratories ltd (RANBAXY) Key Developments

Sun Pharma-Ranbaxy Deal Obtains Indian Competition Regulator's Final Approval Upon Divestment to Emcure Pharma

Competition Commission of India has given final clearance to the Sun Pharmaceutical-Ranbaxy Laboratories merger following the divestment of seven overlapping drugs to Emcure Pharmaceuticals (India). The brands that were divested, representing only 1% of the combined entity's revenues in India, include Tamlet (tamsulosin hydrochloride), Rosuvas EZ (rosuvastatin), Eligard (leuprolide acetate), Terlibax (terlipressin), Olanex F (olanzapine), Raciper L (esomeprazole + levosulpiride), and Trioolvance (olmesartan medoxomil + amlodipine + hydrochlorothiazide).Emcure reportedly declined Sun Pharma and Ranbaxy's CCI-ordered transitional support to ensure continued supply of the products towards relevant markets. Indian anti-trust regulatory approval comes four days after Sun Pharma and Ranbaxy were granted final authorisation from the US Federal Trade Commission (FTC) following the merger's successful conditional minocycline tablets divestment to Torrent Pharmaceuticals (India), amid monopoly concerns within the US market. The CCI found Emcure, an active marketing competitor in India, to be the best fit to acquire the divestment products, with sufficient financial resources and manufacturing capability to fully benefit from the acquisition of the chronic therapy drugs.

US FDA Cancels Approval for Two Ranbaxy Drugs in United States

Approvals granted to Ranbaxy by the US Food and Drug Administration (USFDA) for marketing generic versions of two blockbuster medicines and the 180-day marketing exclusivity stand cancelled. The DC Federal Court in the US has upheld the USFDA's decision to revoke tentative approvals given to the company for the generic versions of AstraZeneca's digestive disorder drug Nexium and Roche's antiviral Valcyte. In November last year, Ranbaxy had sued USFDA over revoking an approval to sell the generic drugs.

Ranbaxy Labs Ltd. Presents at BIO-Europe Spring 2015, Mar-09-2015

Ranbaxy Labs Ltd. Presents at BIO-Europe Spring 2015, Mar-09-2015 . Venue: Paris Expo - Porte de Versailles, Hall 5, Paris, France.

 

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TEV/Sales 2.6x
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