Moneycontrol PRO
HomeNewsBusinessAlembic Pharma gets 3 observations from USFDA for Gujarat plant

Alembic Pharma gets 3 observations from USFDA for Gujarat plant

Alembic Pharmaceuticals today said the US health regulator has made three observations after inspecting its formulation facility in Panelav, Gujarat.

March 21, 2018 / 11:45 IST
 
 
live
  • bselive
  • nselive
Volume
Todays L/H
More

Alembic Pharmaceuticals today said the US health regulator has made three observations after inspecting its formulation facility in Panelav, Gujarat.

"The United States Food and Drug Administration (USFDA) has conducted an inspection at Alembic Pharmaceuticals formulation facility located at Panelav from March 12-20, 2018. This was a scheduled inspection and at the end of the inspection, the USFDA issued a form 483 with 3 observations," the company said in a regulatory filing.

Alembic Pharmaceuticals said none of the observations are related to data integrity or repetitive in nature.

"The company is preparing the response to the observations, which will be submitted to the USFDA shortly," it added.

As per the USFDA, a Form 483 is issued to a firm's management at the conclusion of an inspection when investigator has observed any conditions that in its judgement may constitute violations of the Food Drug and Cosmetic (FD&C) Act and related Acts.

It notifies the company's management of objectionable conditions.

Shares of Alembic Pharmaceuticals were trading at Rs 548 apiece in the morning trade, up 2.68 percent, from the previous close on BSE.

PTI
first published: Mar 21, 2018 11:11 am

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347