|Chennai||Rs. 24470.00 (1.37%)|
|Mumbai||Rs. 24900.00 (0.97%)|
|Delhi||Rs. 24200.00 (1.26%)|
|Kolkata||Rs. 24160.00 (0%)|
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|Hyderabad||Rs. 24140.00 (1.17%)|
: Executives of drugmaker Par Pharmaceutical Cos. pleaded guilty Tuesday to criminal misbranding, for years of improperly marketing its weight-gain drug for frail nursing home and hospice patients vulnerable to its potentially deadly side effects. The drug, Megace ES, is approved only for AIDS patients.
FINANCIAL PENALTY: The Woodcliff Lake, N.J., company will pay a total of $45 million to resolve criminal and civil charges in the case. It also agreed to increased government monitoring.
BACK STORY: The Justice Department started investigating after four whistleblowers went to attorneys with allegations about misconduct by Par's sales force for the drug.