Although some rules can be waived in an emergency, the FDA dropped its quality-control standards too far as it scoured the world for scarce supplies of chloroquine drugs.
The inspection at the facility was carried out by the US Food and Drug Administration between November 26, 2018
The recent gains came on Monday after the company received the USFDA approval for its Nagpur facility
The company's shares surged 4.14% to Rs 820.40 after they received the inspection report (EIR) from the US drug regulator
Cipla gets nod for drug from USFDA earlier than expected; Lupin in fray
Easing of supply chain issues, hydroxychloroquine opportunity boost sentiments
The group now has 283 approvals and has so far filed over 386 abbreviated new drug applications
Business Standard brings to you the top headlines of the day
Imports from India accounted for 24% of medicines and 31% of medicine ingredients to the United States in 2018, according to the US Food and Drug Administration
The combo treatment has been approved in the United States for adult patients with extensive-stage small cell lung cancer, the company said
The Center at Coral Springs, Florida, focuses on research and development of respiratory products for the treatment of asthma, chronic obstructive pulmonary diseases and other respiratory ailments.
Two US medical bodies -- the National Institutes of Health and the Biomedical Advanced Research and Development Authority -- are currently working to plan such trials
Earlier in December, the plant had been issued Form 483 by USFDA with eight observations
Abbott to supply 50,000 tests a day starting April 1
Business Standard brings to you the top headlines of the day
According to IQVIA, Nexium and its generic equivalents had US sales of around $70 million for the 12 months ended November 2019
The product is a generic version of AstraZeneca AB's Farxiga tablets
Ipca is the biggest producer of the drug. Cadila Healthcare, based in Ahmedabad, too is a major player
"We remain committed to global standards of quality and compliance," company spokesperson said
But the FDA Commissioner Stephen Hahn later indicated that, while the drug has not yet been formally approved, access to it was being expanded so that authorities could gather more data