Pfizer has received an approval for incorporation of a wholly owned subsidiary in the state of Maharashtra, with a view to spin off its animal health business to such entity as a pre-step to subsequent sale to a wholly owned subsidiary of Pfizer Inc., in India. The board at its meeting held on January 05, 2012 has discussed and approved for the same.
Further, the implementation of the above proposal would be subject to various approvals and permissions.
Recently, Pfizer had recalled Citalopram tablets, from the US market owing to wrong labeling. Citalopram tablets were manufactured by city-based Aurobindo Pharma. The latest recall, which was notified by the USFDA on August 17, involved 720 units of Citalopram tablets, USP, 10 mg, 100-count bottles.
Pfizer, a subsidiary of Pfizer Inc, is engaged in manufacturing of products like Protinex, Isonex, Becosules and Corex.
| Company Name | CMP |
|---|---|
| Sun Pharma Inds. | 1847.10 |
| Dr. Reddys Lab | 1279.30 |
| Cipla | 1342.10 |
| Zydus Lifesciences | 937.00 |
| Lupin | 2292.75 |
| View more.. | |
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