Ranbaxy recalls generic Lipitor in US


Drug major Ranbaxy today said it is recalling its generic version of cholesterol-lowering drug Lipitor from the US market leading to temporary disruption in the supply.

"The company has made a recall of Atorvastatin from the US market which will cause temporary disruption to that market of this product," Ranbaxy said in a filing to the BSE.

Ranbaxy, however, neither specified the reason for the recall nor the facility from where the recalled products are manufactured.

"The investigation with regard to the same... is expected to be completed within two weeks and thereafter the company expects to resume supplies," it added.

Shares of the company fell by 3.27 per cent to close at Rs 495.95 on the BSE.

The Gurgaon-headquartered firm supplies the generic version of Lipitor to the US market from its two facilities NewBrunswick based Ohm Laboratories and Mohali plant in India.

According to sources close to the development, Ranbaxy has recalled a particular batch consisting of 10mg, 20mg and 40mg tablets from the US market.

Ranbaxy had launched generic atorvastatin in the US market in December last year after the USFDA gave final approval to to market its generic version of Lipitor produced at Ohm Laboratories facility in New Brunswick, New Jersey.

Ohm Laboratories is a wholly-owned subsidiary of Ranbaxy.

In April this year, the company started commencement of shipping of cholesterol lowering drug, atorvastatin calcium oral tablets from its Mohali SEZ plant in Punjab.

Ranbaxy was the first company to launch generic Lipitor in the US market after Pfizer's patent expired last year. The Indian company enjoyed marketing exclusivity for the first six months.

According to an analyst, the company generated sales of USD 600 million during its exclusive marketing period.

Atorvastatin, the generic equivalent of Pfizer's Lipitor drug, generated total annual sales of USD 7.89 billion in the United States through September, 2011.

... contd.

Please read our terms of use before posting comments
TERMS OF USE: The views expressed in comments published on indianexpress.com are those of the comment writer's alone. They do not represent the views or opinions of The Indian Express Group or its staff. Comments are automatically posted live; however, indianexpress.com reserves the right to take it down at any time. We also reserve the right not to publish comments that are abusive, obscene, inflammatory, derogatory or defamatory.