Friday, 19 September 2008

Former New York mayor to be troubleshooter for Ranbaxy

The Indian Pharma giant, which is sccaner for allegedly falsifying records that resulted in the sale of generic, has hired Mr. Rudy Giuliani to provide advice and review compliance issues

Ranbaxy Laboratories Ltd., today announced that they have retained the services of former New York City Mayor Rudy Giuliani and Giuliani Partners to provide advice and review compliance issues related to the recent United States Food and Drug Administration letters and Import Advisory.In announcing the addition of Mayor Giuliani, Ranbaxy reiterated its commitment to work cooperatively with the FDA to address the Import Advisory and put into place measures which will allow its products identified on the Advisory to be released into the US marketplace.As the FDA stated, all drugs manufactured by Ranbaxy have repeatedly tested safe and effective with no adverse incidents reported. Ranbaxy is committed to a swift resolution to address these issues and to continuing to supply the global marketplace with safe and effective pharmaceuticals

This is the second time the former New York City mayor has acted as a paid consultant to a troubled drugmaker. Eralier he worked for Prudue Pharma, which was fined for its Oxycontin marketing, and he helped negotiate a deal with federal prosecutors that kept company execs out of jail

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