Caraco Stockholders Approve Merger With Parent Sun PharmaDetroit-based Caraco Pharmaceutical Laboratories Inc. will shortly cease operation as a publicly traded company.
Caraco Loss Flat Despite Lower SalesThe Detroit generic drug maker Caraco Pharmaceutical reported a loss of $3 million or eight cents a share in the third fiscal quarter of its fiscal year, ended Dec. 31, an improvement from a loss of $3.3 million or eight cents a share in the same quarter a year earlier despite a decline in revenue in the quarter to $40.4 million from $52 million a year earlier.
Caraco Pharmaceutical Names New CEO
HR Notices From September 15
Caraco Adds Two Generics

More From CBS Detroit

Best Places To See Indie Rock In DetroitIt's called Detroit Rock City for a reason.
Guide: Best Barbecue In Metro DetroitSometimes, nothing hits the spot like good barbecue.
Best Ice Cream Shops In Metro DetroitIt's getting warm outside! Take advantage of it.

Watch & Listen