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Wockhardt Ltd. - Updates

By Religare

Wockhardt Ltd has informed BSE that the Company has received an import alert from USFDA on one of its manufacturing unit located in Waluj near Aurangabad. The impact of the import alert on the revenues is estimated to be in the range of $100m on an annualised basis. The Company is taking all steps to address the concerns raised by USFDA and shall put all efforts to resolve the issue at the earliest.

Story first published: Friday, May 24, 2013, 13:31 [IST]
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