Wockhardt drugs from Indian plant banned by US FDA

28 November 2013

The US Food and Drug Administration has issued an import alert on medicines made by Indian drugmaker Wockhardt (BSE: WOCK).

The alert concerned the company’s Chikalthana plantand five drugs produced there: bethanechol for urinary retention, antibiotic ceftriaxone, Enalapril Maleate - an antihypertensive, anticonvulsant/ anti-seizure medication divalproex sodium and antidepressant Venlafaxine Hydrochloride.

Wockhardt shares fell 8.3% to 430.75 rupees at the close in Mumbai trading, reported Bloomberg.

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