Friday, January 31, 2014

Daiichi Sankyo pledges bold action on Ranbaxy production problems

Man walks past a sign of Daiichi Sankyo Co., Ltd. at the company's head office in Tokyo Japan's Daiichi Sankyo Co Ltd said it would step up support of Indian drugmaking arm Ranbaxy Laboratories Ltd and send personnel to help resolve problems at a factory that U.S. regulators have banned from supplying pharmaceutical ingredients. "We have already put a lot of effort into our support but that has not been enough," Manabu Sakai, senior executive officer at Daiichi Sankyo, told an earnings briefing on Friday. "We want to go back and prepare a more aggressive, more drastic response." Sakai said it was inevitable the incident would affect Daiichi Sankyo's earnings but was unable to give concrete numbers. The company is not thinking about reducing its stake in Ranbaxy, he added, although financial support would be among the actions it will look at.








via Health News Headlines - Yahoo News http://ift.tt/1jS1SX4

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