Sun Pharmaceutical Industries is recalling 200 vials of the chemotherapy drug gemcitabine in the United States due to a lack of assurance of sterility, the USFDA. The drug being recalled was manufactured by Sun Pharma's unit Caraco Pharmaceutical Laboratories.
Commenting on the investment rationale, the Angel Broking said, ''In January 2014, the company started a voluntary recall of about 2,528 bottles of its generic version of diabetes drug Glumetza, after it received a customer complaint that one of the bottles contained tablets of an epilepsy drug. They said, recall won't have much greater impact on the company’s financials, since its just 200 vials. We remain neutral on the stock.''
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