NEW DELHI: Drug firm Cadila Healthcare Tuesday said the name of its arm Zydus Pharmaceuticals Inc is included in the lawsuit filed against some generic companies by US states. Zydus Pharmaceuticals Inc is the US arm of Cadila Healthcare. According to some media reports, more than 40 US states have filed a lawsuit against Teva Pharmaceuticals and 19 other generic companies for price fixing and inflating prices of drugs. "Zydus conducts its business with the highest degree of integrity and honesty," it added. Shares of Cadila Healthcare were trading at ₹265.10 per scrip on BSE, down 1.41% from its previous close.

Source: Mint May 14, 2019 10:52 UTC