continue for the next two to three quarters.
Sales of GSK Pharma's top-selling drug, the antibiotic Augmentin fell 22.6% in August 2013 with sales of about R19.8 crore, compared with the same period in 2012, according to IMS Health data. The worst year-on-year fall was seen in October Augmentin sales, which plunged nearly 41.5%, recording sales of Rs 17.3 crore. Mumbai-based GSK Pharma's share price fell about 1.5% from early June to December 15. After the announcement of the open offer, the share price has jumped nearly 21%. On Tuesday, the stock closed at R2,978.20 on the Bombay Stock Exchange.