Dinesh Thakur is the Indian-American who’s richer by $48.6m today for playing a crucial role in nailing Ranbaxy for its crimes. Background Thakur received a Bachelors degree in Technology from Osmania University, a Master of Science in Chemical Engineering from University of New Hampshire, and graduate training from Syracuse University. Court documents show Thakur as […]
Generic drugs manufacturer Ranbaxy USA has confessed to engaging in criminal behavior and agreed to pay a $500 million fine (covering both criminal and civil fines and forfeiture). The fine is the largest imposed by the U.S. on a generic drugs manufacturer. Ranbaxy – Japanese Firm Now Ranbaxy USA is a subsidiary of Ranbaxy Laboratories […]
The United States filed a consent decree Wednesday for permanent injunction against Indian generic drug manufacturer Ranbaxy Laboratories Ltd., in the U.S. District Court for the District of Maryland. Ranbaxy – Failures Galore The U.S. Department of Justice statement said the government uncovered several problems with Ranbaxy’s drug manufacturing and testing in India and at […]