Stock Report

USFDA completes inspection at Dr Reddy's Laboratories Ltd's Bollaram API unit

Posted On : 2023-06-17 11:12:33( TIMEZONE : IST )

The United States Food & Drug Administration (USFDA) today completed a GMP inspection at Dr. Reddy's Laboratories Limited's API manufacturing facility in Bollaram, Hyderabad (CTO-3). The inspection was conducted from June 12, 2023 to June 16, 2023. The inspection closed with zero observations.

Additionally, pursuant to the inspection conducted by the USFDA at company's formulations manufacturing facility in Srikakulam (FTO SEZ PU2), the company has received the Establishment Inspection Report (EIR). The Agency has classified the inspection as Voluntary Action Indicated (VAI) and concluded that the inspection is "closed" under 21 CFR 20.64(d)(3).

Shares of Dr. Reddy's Laboratories Limited was last trading in BSE at Rs. 4804.75 as compared to the previous close of Rs. 4694.45. The total number of shares traded during the day was 9567 in over 1729 trades.

The stock hit an intraday high of Rs. 4857.75 and intraday low of 4690.00. The net turnover during the day was Rs. 45882436.00.