Marksans Pharma has been in the news for 2 different events. We covered the latest event yesterday in our daily Deal Flow report “ Vanguard International buys into Marksans Pharma “. Today we cover the older news of related to the UK MHRA GMP inspection of the company’s Goa plant. Medicines and Healthcare Products Regulatory Agency (MHRA) is an executive agency of the Department of Health in the United Kingdom which is responsible for ensuring that medicines and medical devices work and are acceptably safe. Marksans Pharma share price has fallen from a high of Rs. 113.9/- on 28-Dec-15 to a low of Rs. 33.5/- on 1-Mar-16 only to close up at Rs. 49.8/- on Friday the 18-Mar-16. The biggest fall in the prices have coincided with the 2 days when the company came out with updates about the inspection. The first being on 13-Jan-16 when the stock price closed down 26.82% .… (Read On…)
[via Capital Mind]
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