Indoco Underperforms Amid Difficulties At Goa Plants

Company Now Facing Losses Following Fire At Waluj Facility

 
• By Chloe Kent

Difficulties at two of its manufacturing facilities in Goa have led to a disappointing Q1 for Indoco, as the firm saw milestone payments delayed after receiving official action indicated status from the FDA.

Visual depiction of declining stocks on fire
Production has resumed at Indoco's Waluj plant following a fire on 29 July • Source: Shutterstock

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