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Dr. Reddy's Labs gets EIR from USFDA for Vizag unit; Stock surges

21 Feb 2022 , 12:13 PM

Dr Reddys Laboratories

Dr Reddys Laboratories Ltd has earlier announced about the audit conducted by the USFDA at the formulations manufacturing facilities (FTO 7 & FTO 9) at Duvvada, Visakhapatnam.

Further, in respect of the information, the Company has received the Establishment Inspection Report (EIR) from the USFDA indicating closure of the inspection.

Also, the pharma major stocks is in focus on Monday as Binnopharm Group inks pact to acquire two anti-bacterial brands from the company in the Russia & CIS region.

At around 12:12 PM, Dr Reddys Laboratories was trading at Rs4,354 apiece up by Rs33 or 0.76% against its previous closing of Rs4,321 apiece on the BSE.

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