Moneycontrol PRO
Check Credit Score
Check Credit Score
chakra

Countdown to Lok Sabha Elections 2024

voteFULL COVERAGE
HomeNewsBusiness

USFDA seeks voluntary action at Dr Reddy's Duvvada facility

Shares of Dr Reddy's Laboratories on Friday closed at Rs 3,307.50 apiece, down 0.55% on the BSE.

February 16, 2020 / 04:34 PM IST
 
 
live
  • bselive
  • nselive
Volume
Todays L/H
More

The US health regulator has asked drug major Dr Reddy's Laboratories to initiate voluntary action at its Duvvada facility in Andhra Pradesh.

"With regard to the audit of our Formulations Manufacturing Plant at Duvvada, Visakhapatnam, we would like to inform you that we have been notified by the United States Food and Drug Administration (USFDA), that the inspection classification of the above-referred facility is determined as Voluntary Action Initiated," Dr Reddy's Laboratories on Sunday said in a BSE filing.

Shares of Dr Reddy's Laboratories on Friday closed at Rs 3,307.50 apiece, down 0.55% on the BSE.

PTI
first published: Feb 16, 2020 03:41 pm

Discover the latest business news, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347