Ranitidine Blow Sees Indian Firms Take Different Paths
Solara To Reassign Capacities, Strides Considers Relaunch
Executive Summary
A double blow to ranitidine medicines - suspension in the EU and a withdrawal request in the US - has caused Indian API and formulation manufacturers to recalibrate their strategies. Amid uncertainty over future prospects for the gastrointestinal drug, Strides is considering a relaunch in the US while Solara is reassigning part of its capacity to manufacture other APIs.
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