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Ipca slumps after US import alert, ripple effect fears

 
• By Anju Ghangurde

Shares of Ipca Laboratories fell sharply following news of an FDA import alert against the company's active pharmaceutical ingredients (APls) unit in Ratlam and concerns on whether other international regulators may follow suit.

Shares of Ipca Laboratories fell sharply following news of an FDA import alert against the company's active pharmaceutical ingredients (APls) unit in Ratlam and concerns on whether other international regulators may follow suit.

The import alert published on 22 January cites good manufacturing practice (GMP) problems at the site and covers all drugs except four products – trimethoprim, ondansetron and hydroxychloroquine sulfate and...

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