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