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SUN PHARMACEUTICAL INDUSTRIES LTD. - Sun Pharmaceutical Industries Ltd reply to clarification sought by the exchange
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15 May 2015
The Exchange had sought clarification from Sun Pharmaceutical Industries Ltd with respect to news article appearing in Business Standard on May 14, 2015 titled &quot;Ranbaxy accused of gaming FDA rules to thwart rivals&quot;&lt;BR&gt;&lt;BR&gt;Sun Pharmaceutical Industries Ltd replied stating &quot;Meijer, Inc. filed a purported class action complaint on May 12, 2015 against the Company and its certain subsidiaries, alleging antitrust and RICO Act violations in connection with Ranbaxy securing market exclusivity as part of the FDA&apos;s approval for certain products. Our Company is reviewing the complaint and has no comments at this time.&quot;
View all announcements for SUN PHARMACEUTICAL INDUSTRIES LTD. Source: BSE India