USFDA issues import alert on Divi’s Lab Vizag unit, shares slump | business-news | Hindustan Times
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USFDA issues import alert on Divi’s Lab Vizag unit, shares slump

Drug firm Divi’s Laboratories today said the US health regulator has issued an import alert on the products manufactured at one of its units in Visakhapatnam, Andhra Pradesh.

business Updated: Mar 21, 2017 12:58 IST
PTI
USFDA

Drug firm Divi’s Laboratories today said the US health regulator has issued an import alert on the products manufactured at one of its units in Visakhapatnam, Andhra Pradesh.(HT Archive)

Drug firm Divi’s Laboratories today said the US health regulator has issued an import alert on the products manufactured at one of its units in Visakhapatnam, Andhra Pradesh.

USFDA, however, exempted 10 products manufactured in the plant from the alert list.

“USFDA has issued an import alert 66-40 on March 20, 2017 on the products manufactured at the company’s Unit-II at Visakhapatnam, Andhra Pradesh,” Divi’s Laboratories said in a BSE filing.

It further said: “The agency has exempted the following products from the import alert -- Levetiracetam, Gabapentin, Lamotrigine, Capecitabine, Naproxen sodium, Raltegravir potassium, Atovaquone, Chloropurine, BOC core succinate and 2,4-wing active ester.

Divi’s Laboratories said. it “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 were trading 17.60% down at Rs 651.50 on the BSE.

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