18 May, 13:09 - Indian

SENSEX 74005.94 (0.12)

Nifty 50 22502 (0.16)

Nifty Bank 48199.5 (0.17)

Nifty IT 33438.75 (0.17)

Nifty Midcap 100 51869.25 (0.51)

Nifty Next 50 67657 (0.82)

Nifty Pharma 19108 (0.67)

Nifty Smallcap 100 17009.6 (0.82)

18 May, 13:09 - Global

NIKKEI 225 38787.38 (-0.34)

HANG SENG 19553.61 (0.91)

DOW JONES 40003.59 (0.34)

S&P 5303.27 (0.12)

Hot Pursuit News

You are Here : Home > Markets > News > Hot Pursuit News

(01 Mar 2024, 14:47)

Shilpa Medicare gains as Hyderabad unit clears USFDA inspection

Shilpa Medicare gained 1.33% to Rs 422.65 after the company informed that the United States Food and Drug Administration (USFDA) has closed its inspection without any 483 observation.


The USFDA has conducted an inspection at the bio analytical laboratory of Shilpa Medicare, Unit 7, Nacharam in Hyderabad from 26 February 2024 to 1 March 2024.

This unannounced USFDA inspection has been closed without any 483 observation, stating the satisfactory compliance towards facility, systems and acceptability of data generated from this laboratory, the company stated in the press release.

The firm added that this newly set up centre for bio-analytical testing has already received European Regulatory Authority clearance recently and this is the first USFDA inspection.

The said unit of Shilpa Medicare is engaged in testing of biological samples that supports all exploratory pharmacokinetic studies, bioavailability studies and bioequivalence studies, while complying wi...

More News