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Indian pharma firm Dr. Reddy's fined for import guideline breaches in Mexico; shares dip.
Indian pharmaceutical company Dr. Reddy's Laboratories has been fined 27 lakh rupees by Mexico's drug regulator for failing to follow guidelines in importing a product.
Errors in the invoice date and discrepancies between the reference standard name and the import license led to the fine.
Following the announcement, Dr. Reddy's shares dropped 0.70% to 1,237 rupees per share on the Bombay Stock Exchange.
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La firma farmacéutica india Dr. Reddy fue multada por incumplimientos de las directrices de importación en México; acciones dip.