On Air Now

Tune in to Listen

99.9 FM Hibbing, MN

Weather

Current Conditions(Hibbing,MN 55746)

More Weather »
75° Feels Like: 75°
Wind: N 21 mph Past 24 hrs - Precip: 0.19”
Current Radar for Zip

Today

Partly Cloudy/Wind 75°

Tonight

Mostly Clear 52°

Tomorrow

Partly Cloudy 75°

Alerts

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