Lupin gets Establishment Inspection Report from USFDA for Pithampur facility unit; stock falls 1.88%

New Delhi: Drug firm Lupin on Monday said it has received an Establishment Inspection Report (EIR) from the US health regulator for a unit of its Pithampur facility in Madhya Pradesh.

The company received the EIR for unit 3 of the facility. The site was inspected from 12-16 June, 2017, Lupin said.

 Lupin gets Establishment Inspection Report from USFDA for Pithampur facility unit; stock falls 1.88%

Representational image. Getty

"This was a pre-approval inspection for Albuterol Sulfate inhalation product," it said in a BSE filing.

Lupin's Pithampur facility manufactures dermatological products, dry product inhalers, and metered dose inhalers, the company said.

"The receipt of the EIR for our Pithampur unit 3 is an encouraging development. This is a validation of our commitment to maintain the highest standards in quality and compliance across our facilities," Lupin MD Nilesh Gupta said.

The US Food and Drug Administration (USFDA) issues an EIR to an establishment that is the subject of an FDA or FDA-contracted inspection when the agency decides to close the inspection.

Stock of Lupin was trading at Rs 824.15 on BSE, down 1.88 percent from its previous close.

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Updated Date: Dec 10, 2018 15:03:08 IST