Torrent Prescribed drugs shares had been buying and selling within the inexperienced on 27 September after the corporate refuted claims that certainly one of its merchandise failed a high quality take a look at.
The corporate has refuted all claims that certainly one of its merchandise, Shelcal 500, has failed a high quality take a look at by the Central Drug Requirements Management Group (CDSCO). This comes after the CDSCO discovered over 50 medicine, together with one batch of Shelcal 500, to be Not of Normal High quality throughout its month-to-month drug alert for August 2024.
Shelcal 500’s fundamental components are calcium and vitamin D3, and it’s a dietary complement that’s used for managing vitamin D and calcium deficiency.
Nonetheless, Torrent Pharma stated that the pattern dimension seized by the regulatory physique was spurious and that the corporate had not manufactured it. Whereas the CDSCO notification states that the producer of the seized batch of Shelcal 500 to be Pure and Treatment Healthcare, based mostly in Haridwar, Uttarakhand.
To confirm the genuineness of the pattern collected by CDSCO, an analysis was performed, stated Torrent. “The result of the evaluation concluded that the pattern seized by CDSCO will not be manufactured by Torrent and is actually non-genuine and spurious.”
As to Torrent’s assertion, it has inserted QR tags that show the batch manufacturing particulars to confirm authenticity, which was discovered to be missing within the confiscated Shelcal samples. Torrent has already forwarded the evaluation report and response to CDSCO.
The “not of ordinary high quality” (NSQ) product record contains well-known prescribed drugs just like the calcium complement Shelcal, the anti-diabetic drug Glimepiride, the antacid Pan D, and the hypertension drug Telmisartan.
At 12:32 pm, the shares of Torrent Pharma had been buying and selling 0.03% increased at Rs 3,413.45 on NSE.
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