August 26, 2014 / 8:53 AM / 6 years ago

MARKET EYE -India's Torrent Pharma gains on price control exemption for 2 drugs

* Torrent Pharmaceuticals Ltd's shares gain as much as
3.5 percent to a record high.
* India's National Pharmaceuticals Pricing Authority (NPPA)
exempts two of Torrent Pharma's drugs from price controls. (bit.ly/1vJjxmW)
* Torrent Pharma is free to set prices for Prasugrel
Hydrochloride 10mg pills, used for heart conditions, and aspirin
75mg for five years.
* But the NPPA asks Torrent Pharma to keep it informed on prices
for the two drugs.

 (dipika.lalwani@thomsonreuters.com /
dipika.lalwani.thomsonreuters.com@reuters.net)
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