March 2, 2017 / 4:07 AM / 5 months ago

BUZZ-India's Wockhardt falls after FDA issues warning letter to unit

1 Min Read

** Shares of Wockhardt fall as much as 6.5 pct to 701 rupees in early trade

** U.S. drug regulator issues warning letter to co's Morton Grove plant, co says in an exchange filing bit.ly/2lYsGdm

** Wockhardt says it is addressing issues raised by the FDA and new FDA approvals will be withheld until a resolution is made

** Stock posts biggest intraday pct fall since Nov 9

** Up to Wednesday's close, stock gained 14 pct this year

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