6 Pharma Giants Who Were Smacked By Government Watchdogs

Bangalore: After the U.S. (FDA) Food and Drug Administration chapter that engaged Ranbaxy, there has been a general idea that India manufactured drugs and medicines are sub standard and questionable in quality. 

The $500 million fine on Ranbaxy by U.S officials after it pleaded guilty to "felony charges" for violating drug manufacturing norms is "a wake up call" for pharmaceutical industry, according to Biocon Chairman and Manging Director Kiran Mazumdar-Shaw, reported PTI.

When Shaw was asked if this matter will affect the reputation of Indian drug industry on an international platform, Shaw said, “Our reputation is still very good, it is about building now on that reputation and making sure that the Ranbaxy backlash is only temporary, that's the main thing.”

However, there have been many questions on the quality controls of the drug manufacturing and pharma companies. Read on to know 6 pharma giants who have appealed guilty & fined by regulators.

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