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

USFDA to re-audit Dr Reddy's 3 plants

Image
Press Trust of India New Delhi
Last Updated : Jan 12 2017 | 3:28 PM IST
US Food and Drug Administration (USFDA) will re-audit three manufacturing facilities of Dr Reddy's Laboratories in the current quarter.
The USFDA had issued a warning letter to the drug major on November 5, 2015 on three of its plants at Srikakulam, Miryalaguda and Duvvada after finding several violations with regard to current good manufacturing practices (CGMP).
USFDA had inspected the plants in November 2014, January and February 2015, respectively.
"Re-audit has been scheduled for first quarter of 2017," the Hyderabad-based company said in a presentation on its website.
All the commitments as part of the warning letter response have been completed, it added.
The company said it first submitted response regarding the warning letter to the USFDA in December 2015 and gave final status update on the matter in August 2016.
In a BSE filing, the company today said that "scheduling of audit by the USFDA is a usual activity in the normal course of pharmaceutical industries' business operations".
Dr Reddy's shares were trading 1.65 per cent down at Rs 2,997 on BSE.

Also Read

First Published: Jan 12 2017 | 3:28 PM IST

Next Story