Drug firm Dishman Pharmaceuticals and Chemicals Ltd has received Establishment Inspection Report (EIR) from the US health regulator on closure of inspection of its Bavla facility in Gujarat.
"The company's Bavla facility was successfully inspected by the USFDA in July, 2016, which was intimated to the stock exchanges on July 9, 2016. In this regard, the company has received the Establishment Inspection Report (EIR) from the USFDA for this facility on February 1, 2017," Dishman Pharma said in a regulatory filing.
USFDA releases a copy of the EIR to the establishment that was the subject of an FDA or FDA-contracted inspection when the agency determines the inspection to be closed.
"Thus, the company's facilities in Bavla, Naroda and Switzerland continue to be approved by the USFDA," Dishman Pharma said.
The Bavla plant is mainly used for making pharmaceutical intermediate and active pharmaceutical ingredient (API's).
Shares of Dishman Pharmaceuticals were trading 3.05 percent up at Rs 234.90 apiece on BSE.
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!
Find the best of Al News in one place, specially curated for you every weekend.
Stay on top of the latest tech trends and biggest startup news.
