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Last Updated : Mar 09, 2020 11:30 AM IST | Source: Moneycontrol.com

SMS Pharma share price rises 13% after USFDA completes inspection with zero observation

The inspection was conducted from March 2-6.

 
 
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SMS Pharmaceuticals share price rose 13 percent intraday on March 9 after the US drug regulator completed an inspection with zero observation.

The United States Food and Drug Administration (USFDA) conducted a regulatory inspection of the testing facility Central Laboratory Analytical Services from March 2 to 6, the company said in a release.

The audit resulted in zero observation, it said.

At 11:16 hours, SMS Pharmaceuticals was quoting at Rs 36.90, down Rs 0.05, or 0.14 percent, on the BSE.

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First Published on Mar 9, 2020 11:30 am
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