Lupin down despite Goa plant approval from UK regulator

16 July 2018

Indian pharma major Lupin (BSE: 500257) saw its shares fall 3.75% to 833.15 rupees this morning despite announcing that it has received approval from the UK health regulator for its Goa manufacturing facility.

In a regulatory filing, Lupin said it “has received approval from the UK Medicines and Healthcare products Regulatory Agency (MHRA) for its Goa facility.

The unit was inspected by the MHRA in March 2018 and there were no critical or major observations cited, it added.

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