Zydus Lifesciences (NSE:ZYDUSLIFE, BOM:532321) has received the establishment inspection report (EIR) from the US Food and Drug Administration for its API manufacturing facility at Ambernath in Maharashtra, India, according to a Wednesday filing to the Indian stock exchanges.
The US FDA inspected the unit between Feb. 10 and Feb. 14, which ended with zero observations.
Therefore, the EIR report has been classified as 'no action indicated.'
The company's shares were up nearly 1% in recent trade.