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Alembic Pharma Falls 3% After USFDA Observation on Vadodara Facility

Written by: Kusum KumariUpdated on: Mar 10, 2025, 10:55 AM IST
Alembic Pharma fell 3% after USFDA issued a Form 483 with one observation for its Vadodara facility. The company will submit a detailed response soon.
Alembic Pharma Falls 3% After USFDA Observation on Vadodara Facility
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Alembic Pharmaceuticals share price dropped 2.8% on the BSE, hitting an intraday low of ₹821.65. The decline followed an inspection by the US Food and Drug Administration (USFDA) at the company’s Bioequivalence facility in Vadodara. As of 9:39 AM, the stock was trading at ₹821.65, down 2.84%, while the BSE Sensex was up 0.31% at 74,563.29.

Alembic Pharma’s market capitalisation stood at ₹16,150.61 crore. The stock’s 52-week high is ₹1,296.15, while the 52-week low is ₹725.6.

USFDA Inspection and Observation

Alembic Pharma confirmed in a regulatory filing that the USFDA inspected its Vadodara Bioequivalence facility from March 3 to March 7, 2025. The inspection was pre-scheduled, and the USFDA issued a Form 483 with one procedural observation.

The company assured that it will submit a detailed response to the USFDA within the required timeframe.

What is Form 483?

Form 483 is a document issued by the USFDA when an inspection identifies practices or conditions that may not comply with regulatory standards. These observations typically relate to manufacturing practices, product quality, and regulatory compliance.

About Alembic Pharmaceuticals

Alembic Pharma is a leading Indian pharmaceutical company involved in manufacturing and marketing Indian Formulations, International Generics, and Active Pharmaceutical Ingredients (APIs). The company focuses on R&D, innovation, and large-scale production to meet global healthcare needs.

Stock Performance Over the Past Year

In the last 1 year, Alembic Pharma’s stock has declined by 14%, whereas the Sensex has gained 1%.

Conclusion

Despite short-term pressure from regulatory observations, Alembic Pharma remains an important player in the pharmaceutical industry with a strong focus on R&D and global expansion.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

 

Published on: Mar 10, 2025, 10:55 AM IST

Kusum Kumari

Kusum Kumari is a Content Writer with 4 years of experience in simplifying financial market concepts. Currently crafting insightful content at Angel One, She specialise in breaking down complex topics into easy-to-understand pieces, blending expertise in market fundamentals and technical analysis.

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