Emcure Pharmaceuticals (part of Emcure Group – Emcure USA, Gennova, Zuventus, Heritage and Tillomed Laboratories). The company is neither listed on the National Stock Exchange nor the Bombay Stock Exchange. The Media section of the company’s website does not even a word about this warning letter as well. Due to this, the significant financial impact of these 3 events cannot be ascertained. But it gives us a warning of the issues faced by Indian pharma. EPL was incorporated in April 1981 by Mr Satish Mehta and is engaged in the manufacturing of formulations and Active Pharma Ingredients (API). The company has four manufacturing facilities in Pune and one in Jammu. These facilities are accredited by regulatory authorities such as US Food and Drug Administration (USFDA), Therapeutic Goods Administration (TGA) – Australia, Canada Food & Drug Administration, etc, and are also compliant with the Current Good Manufacturing Practices (CGMP). Furthermore, the company has three dedicated Research and Development (R&D) facilities for APIs and formulations.… (Read On…)
[via Capital Mind]
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