Don’t miss the latest developments in business and finance.

Shilpa Medicare receives USFDA warning letter for its Jadcherla facility, Telangana

Image
Capital Market
Last Updated : Oct 12 2020 | 1:16 PM IST
Shilpa Medicare has received a warning letter on 9 October 2020 at 10:06 PM (India Time) through email from the USFDA for its Jadcherla facility, Telangana.

The company will be engaging with the agency and are fully committed in resolving this issue at the earliest. The Company is also committed in maintaining the highest standards of compliances and quality manufacturing across all its facilities.

The Company believes that the warning letter will have minimum impact of disruption of supplies and the existing revenues from operations of this facility.

Shilpa Medicare currently has three manufacturing facilities approved by USFDA - One formulation facility and two API facilities. None of these facilities except Jadcherla has any outstanding issues with the USFDA at this point of time.

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

More From This Section

First Published: Oct 12 2020 | 12:55 PM IST

Next Story