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Syngene International shares gain on Zero observations from USFDA

Syngene International Share Price | The share touched a 52-week high of Rs 960.00 and a 52-week low of Rs 598.55 on 02 December, 2024 and 09 May, 2025, respectively. and trading 31.48 percent below its 52-week high and 9.9 percent above its 52-week low.

June 16, 2025 / 09:25 IST
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    Syngene International share price gained in the early trade on June 16 following zero observations from the United States Food and Drug Administration (USFDA) to Bengaluru facility.

    At 09:22am, Syngene International was quoting at Rs 657.80, up Rs 5.30, or 0.81 percent, on the BSE.

    "The United States Food and Drug Administration (USFDA) conducted a Good Clinical Practices (GCP) compliance inspection of Syngene International's facility at Semicon

    Park, Bengaluru, from June 09 to June 13, 2025," company said.

    The inspection concluded successfully, with the facility found to be in compliance with the required regulations.

    The inspection resulted in zero observations and no Form 483 was issued. The inspection has been classified as No Action Indicated (NAI), it added.

    Catch all the market action on our live blog

    Last week the company received Establishment Inspection Report (EIR) from USFDA after the routine current Good Manufacturing Practices (cGMP) inspection at GMP manufacturing facilities located at Biocon Park, SEZ, Bengaluru from February 10 to 20, 2025. The EIR concluded the inspectional outcome as Voluntary Action Indicated (VAI).

    The share touched a 52-week high of Rs 960.00 and a 52-week low of Rs 598.55 on 02 December, 2024 and 09 May, 2025, respectively.

    Currently, the stock is trading 31.48 percent below its 52-week high and 9.9 percent above its 52-week low.

    The market capitalisation of the company stands at Rs 26,505.36 crore.

    Moneycontrol News
    first published: Jun 16, 2025 07:33 am

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