Former Ranbaxy shareholders hid key info on US probe: Daiichi Sankyo

Now watching

Next video starts in : 7 Play

Former Ranbaxy shareholders hid key info on US probe: Daiichi Sankyo


Former Ranbaxy shareholders hid key info on US probe: Daiichi Sankyo
Replay video
Up next

Check Out This Insane New Roller Coaster

Unlock your personal NFL Now stream by signing in to NFL.com

Former Ranbaxy shareholders hid key info on US probe: Daiichi Sankyo

by Ani 1:07 mins

Former Ranbaxy shareholders hid key info on US probe: Daiichi Sankyo

by Ani 1:07 mins

India's biggest drugmaker Ranbaxy Laboratories Ltd slumped as much as 6.97 percent on Thursday after Japanese drug maker and a majority shareholder Daiichi Sankyo Co said that it believes former shareholders of the Indian company hid information regarding U.S. regulatory probes. "Daiichi Sankyo believes that certain former shareholders of Ranbaxy concealed and misrepresented critical information concerning the U.S. DOJ and FDA investigations," the Japanese company said in a statement on its website late on Wednesday, referring to the U.S. Department of Justice and the Food and Drug Administration. However, it did not name the shareholders or give further details on their alleged actions.

Must Watch

Must Watch

  1. 2:07

    Check Out This Insane New Roller Coaster

  2. All Time Low - All Time Low LIVE Concert

  3. 1:50

    Comedy Central Stars On The First TV Show That Made Them Laugh

  4. 2:58

    Father Recreates Famous Photos with His Daughter

  5. 1:27

    This Inspirational Model With Down Syndrome Will Make You Feel All The Feelings

  6. 12:08

    #DancingManFound gets last laugh, and dance

Must Watch

  1. 2:07

    Check Out This Insane New Roller Coaster

  2. All Time Low - All Time Low LIVE Concert

  3. 1:50

    Comedy Central Stars On The First TV Show That Made Them Laugh

  4. 2:58

    Father Recreates Famous Photos with His Daughter

  5. 1:27

    This Inspirational Model With Down Syndrome Will Make You Feel All The Feelings

  6. 12:08

    #DancingManFound gets last laugh, and dance

Other Space

  1. 27:05

    Other Space Episode 1: Into the Great Beyond...Beyond

  2. 25:20

    Other Space Episode 2: Getting to Know You

  3. 25:51

    Other Space Episode 3: The Death of A.R.T.

  4. 25:46

    Other Space Episode 4: Ted Talks

  5. 26:44

    Other Space Episode 5: Trouble's Brewing

  6. 27:02

    Other Space Episode 6: Powerless