Drug firm Orchid Chemicals & Pharmaceuticals today said it had resumed production at its unit in Chennai.
"The company's cephalosporin producing facility at Alathur in Chennai has reopened and the production will commence immediately," Orchid Chemicals & Pharmaceuticals said in a filing to the Bombay Stock Exchange (BSE).
The company's cephalosporin producing facility at Alathur in Chennai was issued a closure notice by the Tamil Nadu Pollution Control Board (TNPCB) citing some non-compliance with regard to the disposal of solid waste in July this year.
The Alathur facility manufactures a range of oral and sterile cephalosporin APIs and caters to developed markets like the US, Europe and Japan.
Cephalosporins are a newer class of antibiotics used in treating infections in different parts of the body.
Shares of Orchid Chemicals & Pharmaceuticals today closed at Rs 202.70, up 2.24% from its previous close.