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Shilpa Medicare gets US FDA clearance for analytical services division

Shares of Shilpa Medicare Ltd ended at Rs 387.50, up by Rs 3.45, or 0.90 percent on the BSE.

By CNBC-TV18 Sept 22, 2022 6:29:02 PM IST (Published)

1 Min Read

Drug firm Shilpa Medicare Ltd on Thursday said its analytical services division in Nacharam, Hyderabad, has received US Food and Drug Administration (FDA) clearance for the facility.

The inspection was performed from April 26, 2022, to April 29, 2022, and is the first US FDA inspection of this facility, the company said in an exchange filing on September 22.

The facility is identified as a testing laboratory in numerous Abbreviated New Drug Applications (ANDAs) filed by Shilpa Medicare Ltd and its agreed parties.