“Corex has a well-established efficacy and safety profile in India for more than 30 years and Pfizer makes every effort to maintain the highest standards of regulatory and quality compliance in the manufacture and distribution of Corex cough syrup. The company is exploring all available options at its disposal," said Pfizer in a BSE filing today.
The discontinuation of Corex, which recorded a sale of Rs 176 crores for the nine months from April-December 2015, is likely to have an adverse impact on the revenue and profitability of Pfizer Ltd.
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