P&G Discontinues Vicks Action 500 Extra in India After Govt Ban
The pharma giant discontinued the cold & flu pill after govt ban on 344 fixed dose combinations.
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FMCG firm Procter and Gamble (P&G) has discontinued
manufacture and sale of its popular brand ‘Vicks Action 500 Extra’ with
immediate effect after the government banned fixed-dose combination drugs.
The Government of India has prohibited the manufacture for sale, sale and distribution of fixed-dose combination drugs (Paracetamol + Phenylephrine + Caffeine) with immediate effect.
<b>Pfizer </b>
On Monday, drug majors Pfizer and Abbott
stopped sale of their popular cough syrups Corex and Phensedyl respectively,
after the government banned over 300 fixed dose combinations (FDCs) drugs.
The two companies, however, said they are exploring “all options” to counter the impact of the ban.
Pfizer said it has stopped the sale of its Corex cough syrup that garnered sales of Rs 176 crore in the nine-month period ended 31 December, and said the government’s move will have an adverse impact on it.
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