Mylan appeal over India's oxytocin ban

30 July 2018

Netherlands-headquartered drugmaker Mylan (Nasdaq: MYL) has filed a challenge in New Delhi’s high court in response to the Indian government’s ban on oxytocin.

Mylan is one of a number of manufacturers, also among them Pfizer (NYSE: PFE), Novartis (NOVN: VX) and some Indian generics firms, that are about to have their licenses revoked to sell the drug in India.

Oxytocin is an injectable hormone that is given to women during childbirth and also to stop bleeding after delivery.

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