Live news , top stories, corporate news, company news, sector news, economy news, results analysis news, ceo interviews, fund manager interview, advisor interview, market news, bazaar talk, hot stocks news, ipo news, commodities news, mutual fund news, insurance news, news wire
30 April, 2017 00:53 IST
Divis Lab receives import alert for Visakhapatnam facility
Source: IRIS | 21 Mar, 2017, 10.10AM
Comments  |  Post Comment

Divis Laboratories, a pharmaceutical ingredients and intermediates company, has received an Import Alert 66-40 from US Food and Drug Administration (USFDA) for its products manufactured at the company's Unit-II located at Visakhapatnam, Andhra Pradesh on March 20, 2017.

The agency has exempted the following products from the Import Alert-Levetiracetam, Gabapentin, Lamotrigine, Capecitabine, Naproxen sodium, Raltegravir potassium, Atovaquone, Chloropurine, BOC core succinate, 2, 4-wing active ester.

The company along with third party consultants is currently working to address the concerns of the USFDA and is making all efforts to fully meet the compliance requirements. 

Shares of the company declined Rs 138.7, or 17.54%, to trade at Rs 652.00. The total volume of shares traded was 1,228,420 at the BSE (10.02 a.m., Tuesday).



Divis Laboratories Limited   (Q,N,C,F)*

Comments Post comment 
 Post Comment
Name Email
Comment
Security Code type    into this box
Company Update
Lupin receives USFDA approval for generic Benicar tablets - 28-Apr-2017 15:15
BHEL commissions 3 MW solar photovoltaic power plant - 28-Apr-2017 13:25
Reliance Capital Jan-Mar profit flat at Rs 4.17 bn - 28-Apr-2017 11:05
ICICI Bank opens new branch at Sanwer road in Indore - 28-Apr-2017 10:11
Kotak Bank to acquire entire 26% of Old Mutual's JV for Rs 12.93 bn - 28-Apr-2017 10:07
Kotak Mahindra Bank Q4 net jumps 40%; NII up 16% - 27-Apr-2017 16:39
TVS Motor Company quarterly profit falls 7% - 27-Apr-2017 16:22
Tata Motors signs contract with Defence Ministry for supply of 3,192 vehicles - 27-Apr-2017 16:18
Maruti Suzuki India quarterly earnings up 16% - 27-Apr-2017 16:08
R-Cap's insurance arm's FY17 profit before tax jumps 32% - 27-Apr-2017 12:40
National Green Tribunal orders Jubilant's 13 units to cease ops - 27-Apr-2017 11:16
more...
Home  |   Shares  |   F&O  |   Mutual Funds  |   Loans  |   Insurance  |   News Centre
Wealth Tracker  |   Newsletters  |   Tax Corner  |   NRI Centre  |   Advertise
© All rights reserved. IRIS Business Services Limited
A Disclaimer