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Last Updated : May 20, 2019 03:26 PM IST | Source: Moneycontrol.com

Reporter's Take | Rising OAIs raises concern for Indian drug cos

Stanford Masters chats with Moneycontrol's Viswanath Pilla to find out the reason behind the rising OAI and the effect they will have on pharma companies.

Moneycontrol News @moneycontrolcom

Official Action Indicated (OAI) is one of the classifications issued by the US Food and Drug Administration (USFDA) after inspection.

OAI means USFDA doesn't hold the manufacturing facility upto standard and will take official action.

Last year Indian pharma companies had received 14 OAIs but this year the companies have already received more than 12 OAIs, Stanford Masters chats with Moneycontrol's Viswanath Pilla to find out the reason behind this.

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First Published on May 20, 2019 03:26 pm
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