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Shares of Indoco Remedies are locked in upper circuit of 20% at Rs 206 on the BSE after the US health regulator cleared inspection of the company’s Goa plant II & III with two minor observations.
“The US Food and Drug Administration (USFDA) inspected the company’s sterile facility (plant II) and solid dosages facility (Plant III) situated at Goa from 14th November till 21st November 2018. The inspection concluded with the company receiving 2 minor observations, none of which are repeat in nature,” Indoco Remedies said in a press release.
This facility had received a warning letter from
“The US Food and Drug Administration (USFDA) inspected the company’s sterile facility (plant II) and solid dosages facility (Plant III) situated at Goa from 14th November till 21st November 2018. The inspection concluded with the company receiving 2 minor observations, none of which are repeat in nature,” Indoco Remedies said in a press release.
This facility had received a warning letter from
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