Solara Active Pharma hits 13-yr high on U.S. FDA inspection success

Solara Active Pharma Sciences

24/02/2020 04:57

** Shares of the pharma co  SOLA.NS  rise as much as 5.5% to
720 rupees, their highest since Dec. 1, 2006
    ** Co said on Saturday the U.S. FDA completed two successful
inspections at co's manufacturing facilities at Puducherry and
Mangalore, with zero 483 observations (https://bit.ly/3c4X27u)
    ** About 111,000 shares change hands, 1.7x 30-day avg
    ** SOLA shares have risen 57% this year as of last close

 (Reporting by Nallur Sethuraman in Bengaluru)
 ((Sethuraman.NR@thomsonreuters.com; (+91 8061822737); Reuters
Messaging: nallur.sethuraman.thomsonreuters.com@reuters.net))