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Caraco Pharma (CPD) Announces Delay To Commencement of Detroit Manufacturing

January 3, 2011 7:54 AM EST
Caraco Pharmaceutical Laboratories, Ltd. (AMEX: CPD) announced that based on remediation efforts to date, it does not expect to commence the manufacture and distribution of products from its Detroit facility by the end of Caraco's FY11, ending March 31, 2011.

The Company had previously disclosed its belief that two products would commence manufacture in the Detroit facility prior to the end of FY11.

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