IPCA Labs drops nearly 3% after USFDA concludes inspection of Madhya Pradesh unit with 11 observations
The inspection of the Ratlam facility was conducted from June 5 to June 13, 2023. The Ratlam facility of IPCA Labs was under an import alert since FY15, resulting in a halt in its supplies to the United States.
The Ratlam facility of IPCA Labs was under an import alert since FY15.