Wednesday, March 05, 2025 | 02:10 AM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

Cadila Healthcare dips 8% as USFDA issues warning letter for Moraiya plant

The company said the warning letter does not affect the existing business of the company in the US and the existing product supplies from the Moraiya facility will continue.

medicine
Premium

Representative Image

SI Reporter Mumbai
Shares of Cadila Healthcare slipped 8 per cent to Rs 234 on the BSE in the intra-day trade on Monday after the company received a warning letter from the US health regulator for its Moraiya formulation facility.

In a regulatory filing today, Cadila Healthcare said the Company has received a warning letter issued by the United States Food and Drug Administration (USFDA) relating to its Moraiya formulation facility.

However, the drug maker added the warning letter does not affect the existing business of the company in the US and the existing product supplies from the Moraiya facility will

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in