Unichem

Unichem's facilities are compliant with US regulations, but it posted losses for nine months of FY23

Exact stake size not revealed, sources put the number at 70%

The company's tablets are a generic version of Bristol-Myers Squibb Company's Buspar tablets in the same strengths

Losar comprised almost 20% of the acquired portfolio of Unichem

The inspection at Pithampur was conducted by the FDA from July 23 to July 27, 2018, and the inspection at Roha was conducted by the FDA from July 30 to August 3, 2018

Shares of the compay were trading 3.59% down at Rs 292.40 apiece on BSE

Quetiapine Fumarate is an atypical antipsychotic indicated for the treatment of Schizophrenia,