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Tuesday, June 8, 2010

Ranbaxy launches generic cholesterol drug in S Africa

Ranbaxy Laboratories, India's largest drugmaker by sales, said on Tuesday its unit had launched atorvastatin, a generic form of Pfizer Inc's blockbuster Lipitor cholesterol fighter, in South Africa. Ranbaxy, majority owned by Japan's Daiichi Sankyo, said the market size for the drug in South Africa was about $26 million.
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Economic Event Calendar

GMT+5:30 Event Vol. Actual Consensus Previous
Tuesday, Jun 10
11:30 Average Earnings Excluding Bonus (3Mo/Yr) 2 5.2% 5.4% 5.5% Revised from 5.6%
11:30 Claimant Count Change 3 33.1K 9.5K -21.2K Revised from 5.2K
11:30 Employment Change (3M) 3 89K 112K
15:30 NFIB Business Optimism Index 1 98.8 95.9 95.8
18:25 Redbook Index (YoY) 1 4.7% 4.9%
21:00 52-Week Bill Auction 1 3.93%
22:30 3-Year Note Auction 1 3.824%
Wednesday, Jun 11
02:00 API Weekly Crude Oil Stock 1 0.7M -3.3M
04:15 Visitor Arrivals (YoY) 1 -8.4%
15:00 10-y Bond Auction 1 4.673%
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