Economy

India orders Sun Pharma to halt eye-care drug production

The Hindu2h
THE BRIEF
1

Indian regulators ordered Sun Pharmaceutical Industries to halt manufacturing, selling, and distributing ophthalmic products at its Assam plant due to quality management failures.

2

The Central Drugs Standard Control Organisation and Assam drug authorities issued the shutdown order on August 20 following a joint inspection and a voluntary recall of 332 batches.

3

Sun Pharma reported a 36% plunge in second-quarter profit on Friday due to exceptional charges, with adjusted net profit standing at ₹3,162 crore.