logo
Jubilant Pharmova receives 4 observations from USFDA after Pre-Approval Inspection at Roorkee facility

Jubilant Pharmova receives 4 observations from USFDA after Pre-Approval Inspection at Roorkee facility

Business Upturn3 days ago
Jubilant Pharmova Limited announced that the United States Food and Drug Administration (USFDA) has completed a Pre-Approval Inspection (PAI) at the company's solid dosage formulations facility located in Roorkee, India. The facility is operated by Jubilant Generics Limited, a subsidiary of Jubilant Pharma Limited, which in turn is a wholly owned subsidiary of Jubilant Pharmova.
The inspection was conducted on August 1, 2025, and concluded with the USFDA issuing four observations. While the company did not disclose specific details of the observations, it confirmed that it will be submitting a comprehensive action plan to address the regulatory agency's concerns.
Jubilant Pharmova clarified that the Roorkee facility's revenue contribution from the U.S. market during the trailing twelve months (July 2024 to June 2025) was less than 1% of the company's total revenue in the same period, minimizing any potential financial impact.
The company stated its commitment to working closely with the USFDA to resolve the issues raised and ensure full compliance with regulatory standards.
Ahmedabad Plane Crash
Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at BusinessUpturn.com
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Aurobindo Pharma board declares interim dividend of Rs 4 per share for FY26
Aurobindo Pharma board declares interim dividend of Rs 4 per share for FY26

Business Upturn

time7 hours ago

  • Business Upturn

Aurobindo Pharma board declares interim dividend of Rs 4 per share for FY26

Aurobindo Pharma has announced a significant interim dividend of 400%, translating to ₹4.00 per equity share of face value ₹1 each. The decision was approved during the Board of Directors meeting held on August 4, 2025. The company has fixed August 8, 2025, as the record date to determine shareholders eligible for the dividend. Payment is scheduled to be made on or before August 21, 2025. In the exchange filings, the company shared, 'The Board of Directors of the Company at its meeting held today, August 4, 2025, has approved the payment of interim dividend of 400% i.e. Rs.4.00 (Rupee Four only) per equity share of Re.1/- each on the equity share capital of the Company. The Company has fixed August 8, 2025, as the Record Date for the purpose of payment of Interim Dividend and the same will be paid on or before August 21, 2025.' The board meeting, which began at 4:30 p.m., concluded at 5:50 p.m. This interim payout underscores Aurobindo Pharma's strong financial position and shareholder-focused approach. Ahmedabad Plane Crash Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at

BEML and TuTr Hyperloop sign MoU tp develop next-gen mobility solutions
BEML and TuTr Hyperloop sign MoU tp develop next-gen mobility solutions

Business Upturn

time10 hours ago

  • Business Upturn

BEML and TuTr Hyperloop sign MoU tp develop next-gen mobility solutions

By Aman Shukla Published on August 4, 2025, 16:38 IST BEML Limited has entered into a strategic collaboration with TuTr Hyperloop Pvt. Ltd. through a non-binding Memorandum of Understanding (MoU) aimed at developing futuristic transportation technologies. The partnership sets the stage for pioneering projects in high-speed mobility, including Hyperloop systems, Linear Induction Motor (LIM)-based cargo transport, and specially designed wagons. As per the terms of the MoU, TuTr Hyperloop will lead the design and innovation efforts, while BEML will take charge of manufacturing. This alignment brings together TuTr's cutting-edge research capabilities with BEML's long-standing expertise in heavy engineering and industrial production. The collaboration signals a strong step towards building indigenous, sustainable, and high-efficiency transport solutions for the future. The focus will be on creating scalable systems that can address India's evolving mobility and logistics needs—across both passenger and cargo segments. This MoU opens the door to a series of innovative projects that could transform the transportation landscape in India, offering faster, smarter, and more efficient alternatives to conventional systems. Ahmedabad Plane Crash Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at

GPT Infraprojects board declares Rs 1 interim dividend for FY26
GPT Infraprojects board declares Rs 1 interim dividend for FY26

Business Upturn

time10 hours ago

  • Business Upturn

GPT Infraprojects board declares Rs 1 interim dividend for FY26

By Aman Shukla Published on August 4, 2025, 17:07 IST GPT Infraprojects Limited has announced its first interim dividend for the financial year 2025-26. In a regulatory filing dated August 4, 2025, the company stated that its Board of Directors has approved an interim dividend of 10%, amounting to ₹1.00 per equity share of face value ₹10 each. The dividend is scheduled to be paid to eligible shareholders on or before September 2, 2025. The company has also fixed Monday, August 11, 2025, as the record date to determine shareholders entitled to receive the interim dividend. This dividend declaration comes in line with Regulations 42 and 43 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Investors holding GPT Infraprojects shares as of the record date will be eligible for the payout. The move reflects the company's ongoing commitment to delivering value to its shareholders during the ongoing financial year. Ahmedabad Plane Crash Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store