On Air Now

Upcoming Shows

Program Schedule »

Tune in to Listen

650 AM Hibbing, Minnesota

Weather

Current Conditions(Hibbing,MN 55746)

More Weather »
56° Feels Like: 56°
Wind: WSW 10 mph Past 24 hrs - Precip: 0”
Current Radar for Zip

Today

Partly Cloudy 67°

Tonight

Partly Cloudy 41°

Tomorrow

Partly Cloudy 61°

Alerts

  • 0 Severe Weather Alerts
  • 0 Cancellations

Ranbaxy shares slump on $500 million fine to settle US drug safety charges

MUMBAI (Reuters) - Ranbaxy Laboratories Ltd shares fell 3.4 percent in pre-open trading on Tuesday after the Indian generic drugmaker pleaded guilty to U.S. felony charges related to drug safety and will pay $500 million in civil and criminal fines.

The settlement is its largest-ever with a generic drugmaker over drug safety, according to the U.S. government.

Trading will open at 11.45pm EDT.

(Reporting by Abhishek Vishnoi; Editing by Rafael Nam)

Comments