USFDA completes inspection of Piramal Pharma with zero observations

"The company remains committed to maintain the highest standards of compliance,” Piramal Pharma said in a statement.

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USFDA completes inspection of Piramal Pharma with zero observations
USFDA Inspection

Last Updated on November 11, 2024 by The Health Master

The pharmaceutical company said that the United States Food and Drug Administration (USFDA) had conducted a good manufacturing practices (GMP) plus pre-approval inspection of Piramal Pharma’s Pithampur facility from 15 May 2023 to 19 May 2023.

The inspection was completed successfully with ‘zero’ Form – 483 observations and no action indicated (NAI) designation.

“The company remains committed to maintain the highest standards of compliance,” Piramal Pharma said in a statement.

Piramal Pharma is a pharmaceutical company that manufactures and develops a wide range of pharmaceutical solutions to reduce diseases. Piramal Pharma serves customers worldwide.

The pharmaceutical company reported a consolidated net loss of Rs 90 crore in Q3 December 2022 as against a net profit of Rs 163.37 crore in the year-ago period.

Revenue from operations rose by 11% year-on-year to Rs 1,716 crore in Q3 FY23 from Rs 1,539 crore in the year-ago period.

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