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

<b>Letters:</b> Time for remedial action

Image
Business Standard New Delhi
Last Updated : May 29 2013 | 9:06 PM IST
This refers to D G Shah's "Indian pharma's generic challenge" (May 29). It was appalling on Ranbaxy's part to fudge data and keep supplying substandard drugs to the US. Presumably from the same plants, substandard drugs were also supplied to markets in India and other countries. Now that Ranbaxy has been found guilty by the US Food and Drug Administration, what action does the Indian government propose to take to save India's reputation as the world's largest manufacturer of generic drugs?

In the US, most cases of healthcare fraud are qui tam actions, in which whistle-blowers with direct knowledge of the alleged fraud initiate the litigation on behalf of the government. Qui tam means: "he who sues in this matter for the king as well as for himself". India, too, needs a strong law for whistle-blower protection.

H N Ramakrishna, Bangalore

Letters can be mailed, faxed or e-mailed to:
The Editor, Business Standard
Nehru House, 4 Bahadur Shah Zafar Marg
New Delhi 110 002
Fax: (011) 23720201 · E-mail: letters@bsmail.in
All letters must have a postal address and telephone number

More From This Section

First Published: May 29 2013 | 9:06 PM IST

Next Story