Shasun Pharmaceuticals has resumed work at its Pondicherry API Unit with effect from May 25, 2011 morning, as the strike has been withdrawn by workers. The company has reached an amicable settlement with the workers following which the workers called off the strike.
Earlier, Shasun Pharmaceuticals had informed that its workers had gone on an illegal strike at the company’s Pondicherry API unit on May 10, 2011. The company was doing needful to resume the operations at the earliest.
Shasun Pharmaceuticals manufactures active pharmaceutical ingredients (APIs), their intermediates and enteric coating excipients with a significant presence in some key generics. Shasun has created a strong product portfolio, building on its R & D Expertise, regulatory capabilities and multi scale production capacities. It is one of the largest producers of Ibuprofen worldwide.
| Company Name | CMP |
|---|---|
| Sun Pharma Inds. | 1664.00 |
| Dr. Reddys Lab | 1224.70 |
| Cipla | 1234.50 |
| Zydus Lifesciences | 929.35 |
| Lupin | 2311.95 |
| View more.. | |
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