Quote on Lupin Limited receive VAI from USFDA for Goa unit, a positive for Lupin By Mr. Yash Gupta, Angel One Ltd
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Below is quote on Lupin Limited receive VAI from USFDA for Goa unit, a positive for Lupin By Mr. Yash Gupta, Equity Research Analyst, Angel One Ltd
Lupin is up by 8%, as the company has received “Voluntary Action Indicated” (VAI) status for its goa unit. United States Food and Drug Administration (USFDA) has done its inceptions in September 2021 and today it has received Establishment Inspection Report(EIR). This is positive news for the company as the Goa unit was under inspection for a long time. The USFDA has determined that the inspection classification of the Goa unit is Voluntary Action Indicated (VAI). We have a positive outlook on Lupin Limited.
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