USFDA grants EIR to Cadila Healthcare

DSIJ Intelligence / 29 Aug 2017

USFDA grants EIR to Cadila Healthcare

As part of the successful closure of audit, Zydus Cadila’s formulation manufacturing facility at Pharma SEZ, Ahmedabad has received an Establishment Inspection Report (EIR) from the USFDA.

As part of the successful closure of audit, Zydus Cadila’s formulation manufacturing facility at Pharma SEZ, Ahmedabad has received an Establishment Inspection Report (EIR) from the USFDA.
 
Meanwhile, stock dipped in trade marginally by 0.21% at Rs 500 per share on the BSE. On the NSE the stock attracted a total traded volume of 9,07,144 shares and a traded value of Rs 4,513.22 lakhs. The company has had a return on equity of 30.36% for the last three years and has been maintaining a healthy dividend payout ratio of 19.70%.
 
The BSE Healthcare index was trading lower by 0.47% at the 13,233 level with Sun Pharmaceutical Industries being a major contributor to the index’s losses. Sun Pharma is trading lower by 0.97% at Rs 487.95 per share.

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