Dr Reddy's says U.S. FDA raises fresh concerns at Srikakulam drug plant

Image
Reuters MUMBAI
Last Updated : Apr 04 2017 | 8:49 PM IST

MUMBAI (Reuters) - India's Dr Reddy's Laboratories Ltd said on Tuesday that the U.S. Food and Drug Administration has outlined two more concerns with the company's Srikakulam drug-making plant after an inspection of the facility.

Dr Reddy's, which derives a majority of its sales from the United States, said in statement that it had received an inspection letter known as 'form 483' from the FDA about the Srikakulam plant and was addressing the concerns.

It did not say what the FDA observations were, and the FDA typically does not make such letters public. The Srikakulam plant was one of Dr Reddy's main facilities for producing active pharmaceutical ingredients (APIs) but production was hit after the FDA issued a warning over inadequate quality control practices there in 2015.(http://reut.rs/2o5AOfa)

India's second-biggest drugmaker by sales has said it has since been working on improving its processes at the plant, but in the meantime some of its other important facilities have also faced FDA restrictions over similar problems.

(Reporting by Zeba Siddiqui; Editing by Greg Mahlich)

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Apr 04 2017 | 8:36 PM IST

Next Story