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February 20, 2021
Feb 19, 2021 9:41am The FDA hit Indias Shilpa with an import alert on all but three of its drugs after the company failed to address problems cited in an October warning letter. (Pixabay/qimono) Just a few months after India-based drugmaker Shilpa Medicare found itself in the FDAs crosshairs, the company now faces a ban on the vast majority of its products in the U.S. The FDA slapped an import alert on Shilpa Medicares formulation plant in Telangana, India, according to a notice posted T...
February 18, 2021
Indian markets dip ahead of weekly expiry today, Nifty slips below 15200 while Sensex tests 51300. Nifty Bank underperforms benchmark indices, down over 1% in trade. PSE Index rallies most since April 30, 2020.
February 18, 2021
Read more about US FDA Import Alert takes its toll on Shilpa Medicare on Business Standard. Shilpa Medicare slumped 10.88% to Rs 380.25 after the company received an Import Alert from the United States Food and Drug Administration (US FDA), pursuant to its inspection of Unit 4 of the companys Telangana facility.
February 18, 2021
Three products exempted from Import Alert Shilpa Medicare has received an Import Alert 66-40 on 17 February 2021, pursuant to the USFDA inspection of the Unit 4, Jadcherla, Telangana facility from 13 February to 20 February and 24 February to 25 February 2020. The company announced that three products have been exempted from the Import Alert - Azacitidine for Injection, Cyclophosphamide Capsules and Erlotinib Tablets Powered by Capital Market - Live News (This story has not been edited by Busi...
February 18, 2021
Domestic indices declined for third consecutive trading session on selling pressure in index pivotals. The Nifty slipped below the 15,100 mark in intraday trade but managed to close above that level. Negative cues from Asian markets impacted sentiment. As per the provisional closing data, the barometer index, the S&P BSE Sensex, dropped 379.14 points or 0.73% at 51,324.07. The Nifty 50 index fell 89.95 points or 0.59% at 15,118.35. The broader market outperformed the benchmark indices. The S&P...
February 18, 2021
Shilpa Medicare Limited receives import alert for Unit 4, Jadcherla, Telangana facility
February 18, 2021
Nifty, Sensex may move sideways – Thursday closing report Moneylife Digital Team 0 We had mentioned in Wednesday’s closing report that Nifty, Sensex may remain under mild pressure. On Thursday, the major indices opened higher but faced another minor correction. On the NSE, there were 1,061 advances, 862 declines and 326 unchanged. The trends of the major indices in the course of Thursday’s trading are given in the table below: Shilpa Medicare received an Import Alert 66-40 on ...
January 29, 2021
The US Food and Drug Administration has placed all alcohol-based hand sanitizers from Mexico on a countrywide "import alert"!
January 29, 2021
The Food and Drug Administration (FDA) issued a press release on January 26 announcing a countrywide import alert on all alcohol-based hand sanitizers manufactured in Mexico due to their potential methanol content. The press release notes that alcohol-based hand sanitizers from Mexico will now be subject to heightened scrutiny and potential detainment by FDA staff. Import alerts allow FDA field staff to detain without physical examination products that appear to be in violation of the law. Not...
January 28, 2021
There's a consumer alert as the U.S. issues an import alert on alcohol-based hand sanitizers coming from Mexico.