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INDOCO — INDOCO REMEDIES News Story

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India's Indoco Remedies gains after UK drug regulator inspection finds no major observations

BUZZ-India's Indoco Remedies gains after UK drug regulator inspection finds no major observations

** Shares of Indoco Remedies INRM.NS surge 13% to 261.10 rupees

** Drugmaker says UK Medicines and Healthcare products Regulatory Agency inspection of its Goa facility concluded with no critical or major observations

** Adds, inspection was conducted from September 7 to September 9

** More than 4.4 million shares traded so far, about 5.4x 30-day average volume - LSEG compiled data

** Stock up 11.3% YTD


(Reporting by Payel Das in Bengaluru)

((Payel.das@thomsonreuters.com))

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