Hot Pursuit     23-Dec-23
Zydus Life Ahmedabad unit gets 6 observations
The dug maker’s API site situated at Changodar in Ahmedabad was inspected by the US drug regulator from 14 December 2023 to 22 December 2023.
The PAI-cum-GMP (pre- approval inspection-cum-good manufacturing practices) inspection was closed with six observations.

There were no data integrity related observations and also, no repeat observations from the previous inspection.

There are 4 DMFs of this site under approval with the USFDA. The company said that it will closely work with the USFDA to address the observations.

Zydus Lifesciences is a discovery-driven, global lifesciences company that discovers, develops, manufactures, and markets a broad range of healthcare therapies.

The company’s consolidated net profit surged 53.2% to Rs 800.7 crore on 9.1% increase in revenue from operations to Rs 4,368.8 crore in Q2 FY24 over Q2 FY23.

Shares of Zydus Lifesciences added 1.35% to end at Rs 679.95 on Friday, 22 December 2023.

The stock exchanges will remain closed on Monday, 25 December 2023, on the occasion of Christmas.

Previous News
  Zydus Life edges higher after launching OAB treatment drug Mirabegron in US
 ( Hot Pursuit - 22-Apr-24   09:25 )
  Zydus Lifesciences Ltd Slides 1.88%
 ( Hot Pursuit - 18-Jun-24   09:30 )
  Zydus receives USFDA approval for Enzalutamide capsules
 ( Corporate News - 28-Sep-24   14:21 )
  Sensex gains 239 pts; metal shares shine; VIX rallies 3.35%
 ( Market Commentary - Mid-Session 31-Jul-24   12:33 )
  Indices trade near flat line; Media shares rally
 ( Market Commentary - Mid-Session 18-May-24   10:32 )
  Zydus Lifes rises after receiving approval from COFEPRIS for Trastuzumab biosimilar
 ( Hot Pursuit - 31-Jul-24   12:09 )
  Zydus receives Mexican regulatory approval for breast cancer drug
 ( Corporate News - 31-Jul-24   14:00 )
  Barometers trade higher; Pharma shares advance; Biocon rallies over 3%
 ( Market Commentary - Mid-Session 28-Mar-24   12:32 )
  Sensex up 203 pts, oil & gas shares advance
 ( Market Commentary - Mid-Session 24-Apr-24   14:36 )
  Zydus enters into non-exclusive patent licensing agreement with Takeda
 ( Corporate News - 17-Jul-24   15:41 )
  Zydus Life hits life high as unit gets USFDA nod for manufacturing APIs
 ( Hot Pursuit - 07-Mar-24   13:07 )
Other Stories
  UCO Bank’s total advances jump 19% YoY in Q2 FY25
  04-Oct-24   15:15
  Vakrangee Ltd leads losers in 'A' group
  04-Oct-24   15:00
  Kamdhenu Ventures Ltd leads losers in 'B' group
  04-Oct-24   14:45
  GRSE bags Rs 226-cr LoA from West Bengal Govt
  04-Oct-24   14:40
  Volumes soar at Avenue Supermarts Ltd counter
  04-Oct-24   14:30
  Real Estate stocks edge lower
  04-Oct-24   14:00
  Auto stocks edge lower
  04-Oct-24   14:00
  Utilties stocks edge lower
  04-Oct-24   14:00
  HDFC Bank Ltd down for fifth straight session
  04-Oct-24   13:35
  Power Grid Corporation of India Ltd down for fifth straight session
  04-Oct-24   13:35
Back Top