Sun Pharma's subsidiary Taro recalled two lots of its leading blood clot drug from the market after the USFDA found that the product did not meet its quality norms.
Taro has recalled Warfarin Sodium after the USFDA faulted its poor quality. Warfarin contributes 4.5% to Taro's sales and thus just about 1% of company's sales.
Commenting on the same, Sarabjit Kour Nangra, VP Research, IT, Angel Broking, said, ''Such recalls are not new, not only to company but industry also, and since only two lots have been recalled, it would have any major impact on the company’s financials; we remain neutral on the stock.''