USFDA inspection at InvaGen manufacturing facility in Central Islip, Long Island, NY, USA

An inspection was conducted by the United States Food and Drug Administration (USFDA) at the manufacturing facility of InvaGen Pharmaceuticals Inc., wholly owned subsidiary of Cipla Ltd ("InvaGen) located in Central Islip, Long Island, New York, USA, from 11th September, 2023 to 19th September, 2023. The inspection was a routine current Good Manufacturing Practices (cGMP) inspection and a Pre-Approval Inspection (PAI) for a site transfer product within InvaGen.

On conclusion of the inspection, InvaGen has received 5 inspectional observations in Form 483. There are no repeat or data integrity (DI) observations. The Company will work closely with the USFDA and is committed to address these comprehensively within stipulated time.

Shares of Cipla Limited was last trading in BSE at Rs. 1238.85 as compared to the previous close of Rs. 1240.45. The total number of shares traded during the day was 24075 in over 5433 trades.

The stock hit an intraday high of Rs. 1252.30 and intraday low of 1235.65. The net turnover during the day was Rs. 29935313.00.

Source : Equity Bulls

Keywords

Cipla INE059A01026 InvaGen ManufacturingFacility USFDAInspection