Brief: Ortin Laboratories Says Drugs Control Administration, Government Of Telangana Cancelled Co’S Manufacturing License

Ortin Global

11/07/2023 11:23

July 11 (Reuters) - Ortin Laboratories Ltd  ORTN.NS :
    * DRUGS CONTROL ADMINISTRATION, GOVERNMENT OF TELANGANA
CANCELLED
CO’S MANUFACTURING LICENSE
    * CANCELLATION FORWANT OF UPGRADATION OF MANUFACTURING
FACILITIES,
INFRASTRUCTURE AND RECRUITING EXPERT TECHNICAL TEAM
    * PRODUCTION OF MEDICINES IS STOPPED AND THERE WILL BE
MONETARY
IMPACT TO TUNE OF 75% OF TURNOVER OF ABOUT 60 MILLION RUPEES

Source text for Eikon:  ID:nNSE6yZ5N7 
Further company coverage:  ORTN.NS 

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