Dr Reddy's Fined Rs 28 Lakh by Mexican Regulator

Sep 26, 2024 14:16

Dr Reddy's Laboratories has been fined Rs 28 lakh by the Mexican drug regulator for deviation from prescribed guidelines for filing intimation of import of a reference standard.

New Delhi, Sep 26 (PTI) Dr Reddy's Laboratories on Thursday said the Mexican drug regulator has imposed a penalty of around Rs 28 lakh.

The drug regulatory body of Mexico has imposed a penalty of MXN 6,51,420 (Rs 28 Lakh) on the company for deviation from prescribed guidelines for filing intimation of import of a reference standard for one of the active pharmaceutical ingredients, the Hyderabad-based drug major said in a regulatory filing.

Shares of the drug maker were trading 0.39 per cent up at Rs 6,720 apiece on BSE.

Source: PTI

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Dr Reddy's Fined Rs 28 Lakh by Mexican Regulator

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