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German regulator denies GMP nod to DRL's Bachupally Unit 2

Press Trust of India  |  New Delhi 

Drug firm Dr Reddy's Laboratories (DRL) today said the German regulator has not renewed good manufacturing practise (GMP) compliance certificate of its formulations facility 2 in Bachupally in

The communication came after a recent inspection of the plant, Dr Reddy's Laboratories said in a filing to

Betapharm Arzneimittel GmbH, Germany, the company's wholly-owned arm received a communication "from the regulatory authority of (Regierung von Oberbayern) last night, that the GMP compliance certificate in respect of company's formulations manufacturing Unit 2 plant in Bachupally, Hyderabad, is not renewed consequent to the recent inspection of the plant", it added.

Pending revocation of the non-compliance notification, the plant will not be able to make any further to the European Union until the next inspection, Dr Reddy's said.

The inspection is to be initiated by an invitation from Betapharm, it added.

of Dr Reddy's Laboratories were today trading at Rs 1,946.95 per scrip in afternoon trade on BSE, down 4.82 per cent from its previous close.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Thu, August 10 2017. 15:57 IST