Aurobindo Pharma may take a $20-million hit this quarter

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Mumbai: Aurobindo Pharma anticipates a hit of $20 million in the ongoing January-March quarter due to a temporary pause of manufacturing and distribution activities at its crucial Eugia Unit-III formulation facility in Telangana, following certain red flags raised by the US drug regulatory agency in the recently concluded inspections...

The company said it is planning to resume manufacturing operations in a phased manner starting with non-aseptic lines..

The US regulatory agency issued Form 483 with 9 observations against the facility at the conclusion of the inspection on February 2. The company, as an "abundant caution", put on hold manufacturing at certain lines...

Subramanian said the company anticipates to resume production on non-aseptic lines from the end of the month and phased resumption on aseptic lines following an assessment which may take about 1-2 months...

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