Alembic Pharmaceuticals Receives US FDA Establishment Inspection Report for Panelav API Facilities
Alembic Pharmaceuticals Limited (APL) has received an Establishment Inspection Report (EIR) from the US FDA for its API-I and API-II facilities in Panelav. The inspection was conducted from May 26 to May 31. APL informed the BSE and NSE about the EIR on September 13. This development is significant as it indicates the facilities' compliance with cGMP regulations, potentially strengthening APL's position in the global pharmaceutical market, particularly in the United States.

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Alembic Pharmaceuticals Limited (APL) has announced a significant development in its regulatory compliance efforts. The company has received an Establishment Inspection Report (EIR) from the United States Food and Drug Administration (US FDA) for its API-I and API-II facilities located in Panelav.
Inspection Details
The US FDA conducted an inspection of APL's Panelav facilities from May 26 to May 31. This thorough examination of the company's Active Pharmaceutical Ingredient (API) manufacturing units is a crucial step in ensuring compliance with US regulatory standards.
Official Notification
APL officially informed the Bombay Stock Exchange (BSE) and the National Stock Exchange of India (NSE) about receiving the EIR on September 13. The company's prompt disclosure aligns with its commitment to transparency and regulatory compliance.
Significance of the EIR
Receiving an Establishment Inspection Report from the US FDA is a notable milestone for pharmaceutical companies. It typically indicates that the FDA has completed its inspection and found the facilities to be in an acceptable state of compliance with current good manufacturing practice (cGMP) regulations.
Impact on Alembic Pharmaceuticals
The successful completion of this inspection and receipt of the EIR could potentially strengthen Alembic Pharmaceuticals' position in the global pharmaceutical market, particularly in the United States. It may enhance the company's credibility and could be viewed positively by stakeholders and potential partners.
Company's Response
Manisha Saraf, Company Secretary of Alembic Pharmaceuticals Limited, signed the official communication to the stock exchanges, underlining the importance of this development for the company.
This latest regulatory milestone comes as part of Alembic Pharmaceuticals' ongoing efforts to maintain high standards of quality and compliance in its manufacturing processes, particularly for its API facilities which play a crucial role in the pharmaceutical supply chain.
Historical Stock Returns for Alembic Pharmaceuticals
1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
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+0.56% | -1.03% | -4.04% | +10.44% | -20.82% | -3.50% |