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Unichem Laboratories rises 5% after successful inspection by USFDA

USFDAinspection at the company's Pithampur facility from September 2, 2019 to September 5, 2019.

September 06, 2019 / 10:29 IST
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Share price of Unichem Laboratories added 5 percent intraday on September 6 after the US  Food and Drug Administration (USFDA) concluded its inspection without any FDA form 483.

The regulator conducted inspection at the company's Pithampur, active pharmaceutical ingredients (APls) facility from September 2, 2019 to September 5, 2019.

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The inspection was a post approval inspection and successfully concluded without any FDA form 483 issued.

At 1008 hrs, Unichem Laboratories was quoting at Rs 175.40, up Rs 5.45, or 3.21 percent.