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.
DISCLAIMER - This article is from a syndicated feed. The original source is responsible for accuracy, views & content ownership. Views expressed may not reflect those of rediff.com India Limited.