Ranbaxy Laboratories has received US Food and Drug Administration (USFDA) approval to sell its generic drug acetaminophen in the world’s largest drug market. Acetaminophen is used for relief of headaches and other minor aches and pains.
Recently, Ranbaxy Laboratories had managed to capture about 2.5% market share in the generic Lipitor segment during initial days of its launch in the US.
Ranbaxy Laboratories is India's largest pharmaceutical company. The company has global presence in 49 countries and is ranked amongst top ten global generics companies. Ranbaxy has world-class manufacturing facilities in 11 countries namely Brazil, China, Ireland, India, Japan, Malaysia, Nigeria, Romania, South Africa, USA and Vietnam.