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Jubilant Pharmnova&#39;s share price surged up over 6% on Monday morning to hit an intraday high of ₹438.90.

Why This Rekha Jhunjhunwala-Backed Small Cap Stock Is Surging 6% Today

Medicine

During the COVID-19 pandemic, inspections of Indian pharmaceutical manufacturing facilities by the US FDA decreased. However, a US House panel expressed concerns in July regarding the FDA&#39;s oversight of manufacturing facilities in India and China and its reliance on foreign drug manufacturers. 

US FDA Plans To Keep Indian Pharma On Toes With More Surprise Inspections: Report

Glenmark Pharma US FDA

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Few may have expected Hyderabad-based Natco Pharma, to be dragged into a case that involves pharma giants like Bristol-Myers Squibb and Teva International, the formula for a cancer drug and the alleged hoodwinking of the U.S. judicial system. 

How A Small Hyderabad Firm Found Itself In A U.S. Lawsuit Against Big Pharma

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ITC has slated the final approval of this plan for their next board meeting on August 14, 2023.

Why ITC Share Price Plunged More Than 4% Today

Ipca FDA inspection

Ipca said it &#34;will submit its comprehensive response on these observations to the US FDA within the stipulated time and shall work closely with the agency to resolve these issues at the earliest.&#34;

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FDA

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