Dr. Reddy's Receives FDA Form 483 With Three Observations Following Inspection At Srikakulam Facility
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Dr. Reddy's Laboratories received an FDA Form 483 with three observations after an inspection at its Srikakulam facility. This could indicate potential compliance issues that may need to be addressed.
August 23, 2024 | 1:31 pm
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Dr. Reddy's Laboratories received an FDA Form 483 with three observations at its Srikakulam facility, which may indicate compliance issues that need addressing.
The issuance of an FDA Form 483 suggests that the FDA has identified conditions that may violate the Food Drug and Cosmetic (FD&C) Act and related Acts. This can lead to potential regulatory actions if not addressed, which could impact Dr. Reddy's operations and stock price negatively in the short term.
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