Home / Business / Money / USFDA to start inspection at Aurobindo’s H’bad unit on Sat

USFDA to start inspection at Aurobindo’s H’bad unit on Sat

In Q1 conference call, the management had mentioned that unit 4, 3 as well as 7 should see some USFDA audits considering that they were due for inspection.

USFDA will start Inspection at  Aurobindo Pharma’s Hyderabad unit on Saturday. These USFDA plant inspections are routine in nature. The last inspection took place for unit 4 was in August 2012.

However, one shouldn’t be worried about the impact on the stock price unless there is adverse outcome from the USFDA inspection. In Q1 conference call, the management had mentioned that unit 4, 3 as well as 7 should see some USFDA audits considering that they were due for inspection.

It has been confirmed by the management that the USFDA audit will be for its unit 4. The approximate sales of this unit are around USD 50 million totally. It mainly focuses on injectibles and ophthalmology.

Leave a Reply

x

Check Also

Rupee recovers 6 paise to 67.01

The rupee today recovered some lost ground by rising 6 paise to ...

Notes ban to have positive impact on economy

NEW DELHI: The government’s demonetisation move has led to widespread adoption of ...