ISP Chile inspects Alkem Lab's manufacturing facility at Baddi, India; Stock under pressure

13 Apr 2022 , 10:54 AM

Alkem Pharmaceuticals Ltd has informed to the exchanges regarding ISP Chile Inspection at Alkem’s manufacturing facility located at Baddi, India.

As per regulatory filing, the pharma major  informed that ISP Chile had conducted a GMP inspection at the Company’s manufacturing facility located at Baddi, India from April 6-12, 2022.

Further, at the end of the inspection, no observations critical to Good Manufacturing Practices were detected, said company.

At around 10;58 AM, Alkem Laboratories was trading at Rs3,439.05 apiece down by Rs12.6 or 0.37% from its previous closing of Rs3,451.65 apiece on the BSE.