Moneycontrol Be a Pro
Get App
Last Updated : Jul 22, 2019 10:06 AM IST | Source: Moneycontrol.com

Cipla falls 2% as USFDA issues 7 observations to Bengaluru facility

The inspection ended with seven observations, none of which were a repeat or related to data integrity, the company said

Moneycontrol News @moneycontrolcom
 
 
live
  • bselive
  • nselive
Volume
Todays L/H
More

Shares of pharma major Cipla shed 2 percent intraday on July 22 after the US drug regulator issued seven observations to the Bengaluru facility.

The United States Food and Drug Administration (USFDA) conducted a routine cGMP inspection at the company's API manufacturing facility in Virgonangar, Bengaluru from June 15, 2019 to June 19, 2019.

The inspection ended with seven observations, none of which were a repeat or related to data integrity.

Close

The company in its release said that it will respond to the agency within the stipulated timeline.

On the other hand, InvaGen Pharmaceuticals, Inc., a wholly-owned subsidiary of the company, received final approval for its abbreviated new drug application (ANDA) for Pregabalin Capsules, 25mg, 50mg, 75mg, 100mg, 150mg, 200mg, 225mg and 300mg from the USFDA.

At 0946 hours, Cipla was quoting at Rs 533.15, down Rs 3.70, or 0.69 percent on the BSE.

For more market news, click here



The Great Diwali Discount!
Unlock 75% more savings this festive season. Get Moneycontrol Pro for a year for Rs 289 only.
Coupon code: DIWALI. Offer valid till 10th November, 2019 .
First Published on Jul 22, 2019 10:06 am
Loading...
Sections
Follow us on
Available On
PCI DSS Compliant