The company has received ANVISA cGMP approval for Brazil for its Cephalosporin API‘s manufacturing facility in Dera Bassi, Punjab.
Investors lapped up more shares of Nectar Lifesciences on Tuesday after the hearlthcare firm has received approval from European cGMP for Cephalosporin APIs' manufacturing facility in Dera Bassi, Punjab. The stock rallied 15 percent intraday. cGMP is current good manufacturing practices.
Nectar Lifesciences today said it has received approval from the US health regulator for its manufacturing facility at Dera Bassi in Punjab.
Nectar Lifesciences has received US Food and Drugs Administration (FDA) approval for its Active Pharmaceutical Ingredients (API) manufacturing plant Unit-II in Dera Bassi, Punjab.