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Reading: Alembic Pharma Shares Hunch 2% on 4 Observations 
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StockWaves > Financial News > Alembic Pharma Shares Hunch 2% on 4 Observations 
Financial News

Alembic Pharma Shares Hunch 2% on 4 Observations 

StockWaves By StockWaves Last updated: June 3, 2025 3 Min Read
Alembic Pharma Shares Hunch 2% on 4 Observations 
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Shares of Alembic Prescription drugs Ltd plummeted roughly 2% in early buying and selling on 2 June after the corporate obtained 4 observations from the US Meals and Drug Administration (USFDA).

The USFDA carried out an unannounced and routine cGMP inspection on the API-I & II amenities in Panelav from 26 Could to 31 Could 2025.

The USFDA issued a type 483 with 4 observations, none of that are related to information integrity, and administration feels they are often addressed. The corporate has dedicated to submitting a complete response to the USFDA concerning the observations inside the stipulated timeframe.

The corporate acquired remaining approval from the USFDA on 30 Could for its abbreviated new drug software (ANDA) Bosutinib Tablets, 100 mg and 500 mg, indicated for the remedy of grownup sufferers with power, accelerated, or blast section Philadelphia chromosome-positive (Ph+) power myelogenous leukaemia (CML) with resistance or intolerance to prior remedy.

Furthermore on 23 Could, the corporate additionally obtained remaining approval from the US FDA for Amlodipine and Atorvastatin Tablets USP, 2.5 mg/10 mg, 2.5 mg/20 mg, 2.5 mg/40 mg, 5 mg/10 mg, 5 mg/20 mg, 5 mg/40 mg, 5 mg/80 mg, 10 mg/10 mg, 10 mg/20 mg, 10 mg/40 mg, and 10 mg/80 mg.

At 12:28 pm, the shares of Alembic Pharma had been buying and selling 2% decrease at Rs 997.70 on NSE. 

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