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Drug regulator to probe Ranbaxy Laboratories Ltd's records, approvals in India-Business Standard

Tuesday, 21 May 2013 10:58am EDT 

Business Standard reported that Ranbaxy Laboratories Ltd has just managed to settle long-pending issues with the US Department of Justice after agreeing to pay a hefty penalty of $500 million. The health ministry has now ordered the Drugs Controller General of India (DCGI) to conduct a detailed probe and examination of all the dossiers and drug applications filed by the company in past on the basis of which approvals were granted to it, a source in the health ministry said. The DCGI is expected to submit a report within a month, after which the ministry will decide on the future course of action.