Caplin Point Laboratories Ltd., established in 1990, is a distinguished Indian pharmaceutical enterprise specialising in the development, manufacture, and marketing of generic formulations and branded products.
On January 6, 2025, Caplin Point Laboratories Ltd. announced a significant milestone, having received the coveted Establishment Inspection Report (EIR) from the US Food and Drug Administration (FDA). This follows a comprehensive review of its Caplin Steriles injectable and ophthalmic manufacturing facility, situated in Gummidipoondi, Tamil Nadu.
“The company has been granted the Establishment Inspection Report (EIR) by the U.S. FDA, affirming compliance with regulatory standards after the recent inspection of the Caplin Steriles facility at Gummidipoondi,” Caplin Point Laboratories disclosed in its regulatory filing.
The inspection, conducted on an unannounced basis from August 5, 2024, to August 9, 2024, concluded with a pristine outcome of zero Form 483 observations. This result reinforces the company’s commitment to adhering to stringent quality and regulatory standards. Notably, Caplin Point promptly informed the stock exchanges of the inspection’s successful completion on August 9, 2024.
The FDA’s routine inspections aim to evaluate facilities for adherence to Good Manufacturing Practices (GMP) and other regulatory protocols critical to ensuring the quality, safety, and efficacy of pharmaceutical products.
As of 10:43 AM on January 6, 2025, shares of Caplin Point Laboratories Ltd were trading at ₹2,548.00 on the National Stock Exchange (NSE).
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 securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Jan 7, 2025, 2:17 PM IST
We're Live on WhatsApp! Join our channel for market insights & updates