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Healthcare Sector

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The company has said that it will address the issues raised by USFDA.

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Markets in red

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All the major indices on Nifty were seen in red, except the IT index.

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The EIR was issued following the facility's most recent inspection in October.

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VAI means that only minor shortcomings were discovered in these units in USFDA inspections.

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Profit was also impacted by Biocon's stake dilution in Biocon Biologics and Syngene.

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Company enters over-the-counter market with Shelcal 500 calcium supplement brand.

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On January 13, this year, the company began the Class II nationwide recall (US).

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Sun Pharma reached an agreement with Celgene Corporation (Celgene) in June 2021 to settle the patent litigation involving Sun Pharma's generic lenalidomide capsules.

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Despite a drop in US sales, consolidated revenue increased by 3.9% y-o-y to Rs 4,322 crore in Q3FY23.

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Glycopyrrolate is generic version of Robinul.

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