You can read the history here. Additional Ranbaxy posts can be accessed here. Good news for Ranbaxy but no mention on the FDA stance
yet. BD
The US Department of Justice said yesterday it had dropped legal action against Ranbaxy, the Indian generic drugs maker, after the group stepped up co-operation over regulators' concerns over its manufacturing. Ranbaxy's shares jumped almost 10 per cent, having long been depressed by escalating investigations from the US Food and Drug Administration, triggering a ban which is still in place that stops the US importing or purchasing the company's drugs.
FT.com / Home UK / UK - DoJ drops legal action against India's Ranbaxy
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