Ranbaxy Pharmaceuticals Inc. has recalled dozens of lots of its generic version of cholesterol drug Lipitor because some may contain tiny glass particles, the latest in a string of manufacturing deficiencies that once led U.S. regulators to bar imports of the Indian company’s medicines.
Ranbaxy, a subsidiary of Ranbaxy Laboratories Ltd., India’s biggest drugmaker, is operating under increased scrutiny from the U.S. Food and Drug Administration because of quality lapses at multiple Ranbaxy factories over the past several years.
On Friday, Ranbaxy posted a notice on its U.S. website, saying it’s recalling 10-, 20- and 40-milligram doses of tablets of atorvastatin calcium, which is generic Lipitor.
Summit ends; no deal
A summit of the European Union’s 27 national leaders, charged with agreeing on a long-term budget for the bloc, broke up Friday afternoon without reaching a deal.
European Council President Herman Van Rompuy, who presides over the summits, said the “constructive discussions” at the summit meant an agreement could be reached early next year.
Vindicator wire reports
Selected local stocks
Aqua America, .66, 24.92 .05
Clear Channel, .73 70.99 —.46
Cortland Bancorp, 10.35.10
Farmers Nat., .125.98 —.02
First Energy, 2.20, 41.07—.13
FirstMerit Corp., .64,13.99 .29
First Niles Financial, .32,6.75.00
First Place Fin., .023.01
FNB Corp., .48,11.02.19
General Electric, .68,21.04.36
Motors Liquidation, .0422.00
Huntington Bank, .16, 6.24.13
JP Morgan Chase, 1.20,41.09.36
Key Corp, .20,8.45.16
LaFarge, 14.36 .36
Macy’s, .80, 41.73.72
Parker Hannifin, 1.64, 81.431.33
RTI Intl. Metals,24.34—.02
Simon Prop. Grp.,4.40,151.571.36
Stoneridge 4.79 .07
United Community Fin. 3.11.10
Selected prices at 4 p.m. Friday. Provided by Stifel Nicolaus. Not to be construed as an offer or recommendation to buy or sell any security.