Drug firm Lupin said Wednesday it has been cautioned by the US health regulator with possible withholding of approvals of pending applications from its Mandideep facility in Madhya Pradesh, where it is facing manufacturing compliance issues.
The company has received a letter from the US Food and Drug Administration (USFDA) classifying the inspection conducted at its Mandideep (Unit 1) facility in December 2018 as Official Action Indicated' (OAI), Lupin said in a regulatory filing.
"The USFDA has stated that this facility may be subject to regulatory or administrative action and that it may withhold approval of any pending applications or supplements in which this facility is listed," it added.
"The company does not believe that this classification will have an impact on disruption of supplies or the existing revenues from operations of this facility," Lupin said.
Lupin is in the process of sending further updates of its corrective actions to the USFDA and remains hopeful of a positive outcome, it added.
In December last year, the USFDA had issued a total of 22 observations after inspecting the Mandideep facility.
Lupin shares Wednesday ended 4.61 per cent down at Rs 763.90 on the BSE.
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)