Panacea Biotec faces regulatory action over GMP certification loss
after close1 source ↓written by the desknot a recommendation
Panacea Biotec Ltd is facing significant regulatory challenges after the NCPHP removed all GMP certifications from its Baddi facility due to a non-compliance notice. This action imposes substantial operational restrictions on the company's manufacturing capabilities, impacting product supply and potentially affecting market performance. 📉
• Inspection Authority: NCPHP
• Facility Affected: Baddi Manufacturing Unit
• Action Taken: Non-compliance Notice Issued
• Certifications Status: All GMP Certifications Removed
Not investment advice. For informational purposes only.