USFDA approval for Ranbaxy drug
By New Delhi: | 10 Jan 2004
The product will be marketed exclusively by Florida-based Stiefel Laboratories Inc. Said Mr Dipak Chattaraj, President, Ranbaxy Pharmaceuticals Inc (RPI), a wholly owned subsidiary of Ranbaxy, "Efforts to provide an alternate dosage form to Stiefel's product portfolio utilising Ranbaxy's technical skills demonstrates synergy between the two companies that has been gained through this strategic alliance."
Mr
Charles W. Stiefel, Chairman, President and CEO of Stiefel
Laboratories,
added in a statement, "This is a co-operative effort
between
Stiefel and Ranbaxy that is mutually beneficial to both
organisations and of value to prescribers and patients."