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Sun Pharma Advanced Research surges; USFDA seeks more information

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Reuters
Last Updated : Dec 02 2014 | 12:13 PM IST

Reuters Market Eye - Sun Pharma Advanced Research Company surges 12.6 pct.

Heads towards biggest daily gain since April.

Gets complete response letter from U.S drug regulator for anti-Glaucoma drug application.

Glaucoma products sales in U.S. at $2 bln - company's investor update in Feb.

Company says additional information request from the U.S. Food and Drug Administration can be addressed on priority.

A complete response letter informs companies that an application cannot be approved by USFDA in its present form.

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(Reporting by Abhishek Vishnoi)

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First Published: Dec 02 2014 | 12:00 PM IST

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