Exploring all options to deal with drug ban: Merck

Image
Press Trust of India New Delhi
Last Updated : Mar 18 2016 | 9:13 PM IST
Drug major Merck Ltd today said it is exploring all options to counter the ban on its two cough syrups, Cosome Expectorant and Cosome LCD, manufacturing and sales of which have stopped.
"We are exploring all our options to deal with these prohibitory orders," Merck said in a filing to BSE.
The company's two drugs, Cosome Expectorant and Cosome LCD, have been banned from manufacturing and sale, courtesy government notification dated March 10, 2016, it added.
"The company has immediately stopped the manufacturing and sale of these drugs," Merck said.
These dugs were manufactured by the company after having requisite licence from the state FDA. The drugs are having well established efficacy and safety profile over the years in Indian markets, it added.
In a gazette notification on March 10, the government had banned manufacturing, sale and distribution of 344 fixed dose combination drugs.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Mar 18 2016 | 9:13 PM IST

Next Story