November 27, 2017 / 4:08 AM / 16 days ago

BUZZ-India's Sun Pharma slides on recall of diabetes drug

** Shares of Sun Pharmaceutical Industries Ltd slip as much as 2.1 pct at 538.25 rupees, post their biggest intraday percentage loss since Nov 15

** Stock among top percentage losers on the broader Nifty 50 index

** The drugmaker's unit on Friday issued voluntary recall of two batches of Riomet, an oral diabetes drug, due to microbial contamination bit.ly/2k1UJf7

** Drug is manufactured by a contract manufacturer

** Unit says it has not received reports of adverse events related to the recall

** Up to Friday’s close, stock down 12.8 pct this year

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below