Granules India's Packaging Facility in US Completes FDA inspection with Zero Observations

Granules India Limited announced that its US step-down subsidiary, Granules Consumer Health, LLC, a wholly-owned subsidiary of Granules Pharmaceuticals, Inc., successfully completed a GMP inspection by the U.S. Food and Drug Administration (FDA) with zero observations.

This was the facility's second FDA inspection, following the March 2023 audit that resulted in a No Action Indicated (NAI) classification.

"Granules Consumer Health plays a critical role in our global operations as a packaging and distribution site. We process controlled substances and over-the-counter (OTC) products across three advanced packaging lines. Achieving zero observations in this inspection reflects our unwavering focus on quality, safety, and regulatory excellence," said Dr. Krishna Prasad Chigurupati, Chairman and Managing Director of Granules India.

Granules Consumer Health serves as Granules' front-end division for OTC products in the U.S., leveraging Granules India's manufacturing efficiencies, regulatory compliance, and integrated supply chain.

Shares of Granules India Limited was last trading in BSE at Rs. 560.65 as compared to the previous close of Rs. 566.55. The total number of shares traded during the day was 37207 in over 1292 trades.

The stock hit an intraday high of Rs. 569.00 and intraday low of 551.45. The net turnover during the day was Rs. 20792653.00.

Source : Equity Bulls

Keywords

GranulesIndia INE101D01020 Pharmaceuticals GranulesConsumerHealthLLC USFDA Inspection ZeroObservations