Don’t miss the latest developments in business and finance.

Around 700 generic medicines banned from marketing by EU

Image
ANI Berlin
Last Updated : Jul 26 2015 | 5:57 PM IST

Around 700 generic medicines have been banned from marketing by the European Union over alleged manipulation of clinical trials which was conducted by GVK Biosciences, an Indian pharmaceutical research company.

The ban will be applicable to all 28 member nations, according to Germany's drug regulator, the Federal Institute for Medicines and Medical Products.

It will come into effect on August 21.

GVK Biosciences, vehemently denying the allegations, offered to conduct fresh studies of the medicines involved at its own cost.

Also Read

First Published: Jul 26 2015 | 4:22 PM IST

Next Story