FDC gains after USFDA completes inspection of Waluj unit - Dollar Advisory & Financial Services

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Monday 4 July 2016

FDC gains after USFDA completes inspection of Waluj unit

FDC was exchanging higher by 6% to Rs 195 on the BSE after the organization reported that US Food and Drug Administration (USFDA) has finished investigation at its assembling unit arranged at Waluj, Maharashtra.

The organization has additionally gotten the Establishment Inspection Report (EIR) from USFDA for its assembling unit arranged at Baddi, Himachal Pradesh with "No perceptions". This endorsement affirms the conclusion of review led in February' 2016.

The organization said assessment of the organization's assembling unit arranged at Waluj, District-Aurangabad, Maharashtra, by USFDA has been finished on July 01, 2016. The US FDA has mentioned two minor objective facts for which fitting strides might be taken by the organization.

The above review was done in connection to cGMP assessment and ANDA recorded by the Company for item Dorzolamide Ophthalmic Solution, it included.

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