BusinessCorex, Popular Cough Syrup, Not Banned For Now, Says Court
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Corex, Popular Cough Syrup, Not Banned For Now, Says Court
Corex among 344 drugs banned by experts as unsafe for humans
Corex says it has been selling in India for over 20 years
Corex says no inquiry conducted; next hearing on March 21
Pfizer's stock closed 9 per cent lower on the National Stock Exchange today
Corex, a popular cough syrup, is not banned for now, the Delhi High Court said, after regulators ordered for it to be removed from shops alleging it poses a "risk for humans".
Pfizer stock opened lower and declined steadily to close 9% down on the National Stock Exchange.
The High Court will hear the case in a week. The ban on Pfizer's cough syrup was part of a wider notice issued by the government over the weekend prohibiting the...