India's Unichem Laboratories drops after US FDA inspection ends with five observations
BUZZ-India's Unichem Laboratories drops after US FDA inspection ends with five observations ** Shares of India's Unichem Laboratories UNLB.NS fall as much as 4.2% to 526.60 rupees; stock last down 1.8%
** Drugmaker says US FDA made five observations related to procedural enhancements after inspecting its formulation facility in the state of Goa
** Co adds it will submit a response to US FDA within stipulated 15 days
** Stock up 22.2% YTD
(Reporting by Payel Das in Bengaluru)
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