
USFDA24 Apr 2024, 03:02 am
Lupin Ltd. Receives VAI Status from U.S. FDA for Aurangabad Manufacturing Facility
AI Summary
Global pharma major Lupin Ltd. has announced that it has received the Establishment Inspection Report (EIR) from the U.S. Food and Drug Administration (FDA) for its Aurangabad manufacturing facility. The U.S. FDA has determined that the inspection classification of the facility is Voluntary Action Indicated (VAI). Nilesh Gupta, Managing Director of Lupin, expressed pleasure at this development, stating that it's a testament to Lupin's commitment to compliance and quality. Lupin is the third-largest pharmaceutical company in the U.S., has a significant presence in various therapeutic areas, and is headquartered in Mumbai, India. The company generated revenue of 7.9% for research and development in FY23.
Key Highlights
- Lupin Ltd. receives EIR from U.S. FDA for Aurangabad manufacturing plant
- The U.S. FDA determines the inspection classification as Voluntary Action Indicated (VAI)
- Nilesh Gupta expresses pleasure on receiving the EIR
- Lupin is the third-largest pharmaceutical company in the U.S.
- The company has a significant presence in various therapeutic areas and invests 7.9% of its revenue in research and development