Lupin Gets Two Observations from US FDA After Ankleshwar Facility Inspection

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Lupin (NSE:LUPIN, BOM:500257) has received two observations from the US Food and Drug Administration (US FDA) after the inspection of its manufacturing facility in Ankleshwar, India, according to a filing to the stock exchanges on Saturday.

Shares of the company fell over 2% in Monday's trade.

The inspection was carried out by the regulator from March 2 to March 7.

The company stated that it will address the observations and respond to the US FDA within the given timeframe.

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