associate sponsors

Llyod
HDFC

Dr Reddy's sees no impact from pricing regulator notice | Reuters

MUMBAI Dr Reddy's Laboratories Ltd, India's second-largest drugmaker by sales, said it expects no impact from a recent government notice that said the company is selling a high blood pressure drug that lacks the pricing regulator's approval.India's drug pricing regulator, the National Pharmaceutical Pricing Authority (NPPA), issued a show-cause notice to dozens of Indian and foreign drugmakers, who according to them, were selling medicines without NPPA approval on pricing. Calling it a violation of the country's drugs law, the agency has sought an explanation from these companies by June 15.

Dr Reddy's Telsartan Trio Active, which is used to treat high blood pressure and diabetic kidney disease, was included in the list.

"Dr Reddy's is in compliance with the NPPA's norms," a company spokeswoman told Reuters in an emailed statement on Friday.

"There is a discrepancy in data compilation by NPPA and we will communicate it to them appropriately," she added. The company did not immediately respond to a request for further clarifications. ($1 = 64.6550 Indian rupees) (Reporting by Zeba Siddiqui in Mumbai; Editing by Sherry Jacob-Phillips)

This story has not been edited by Firstpost staff and is generated by auto-feed.


Updated Date: May 19, 2017 16:31 PM

Also Watch

Watch: The true stories from Dharavi that inspired Rajinikanth's Kaala
  • Thursday, March 8, 2018 Watch: Cyrus Khan talks about Parkour, jumping across walls and why he hates sitting
  • Thursday, May 31, 2018 Unwind: India's basketball sensation Amjyot Singh has his eyes set on becoming an NBA regular
  • Monday, May 28, 2018 First Day First Showsha — Review of Solo: A Star Wars Story in 10 questions
  • Saturday, May 19, 2018 Social Media Star: Rajkummar Rao and Bhuvan Bam open up about selfie culture, online trolls

Also See



{if $hideJSforEU != 'yes'} {/if}