
On receiving the correctable and procedural observations from USFDA for its Kothur facility, Natco Pharma share price surged over 6% at Rs. 702 today at NSE.
The company believes that the observations are trivial in nature. The observations are associated to complaint and incident investigations, stability backlog and procedural SOPs. The company will make available due justifications and corrective action plan within the next 15 working days.
In another observation, the U.S.FDA said that the laboratory controls do not comprise the establishment of scientifically and sound and appropriate specifications and test procedures designed to guarantee that components, labeling and drug products set to appropriate standards of identity, strength, quality and purity.
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