Emcure Pharmaceuticals faces ban from USFDA for Maharashtra plant

Some media have also reported the 2013 figures for action taken by the FDA-around 30 Indian drug manufacturing units for various violations. In 2014, the FDA has issued import alerts against 10 plants. The big noise in the media was about the units of Sun Pharmaceuticals Karkhadi facility, near Vadodara in Gujarat, which also led to tumbling of the company’s shares in the market. FDA import bans is also reported to have caused a huge revenue loss for companies like Wockhardt, which saw a 97 per cent fall in profit in the September quarter, year-on-year, as its US business declined by 56 per cent. In May, 2014, the FDA imposed a ban on Wockhardt’s Waluj plant and, in November, on its Chikalthanaunit.

As reported by Reuters,

The company has nine manufacturing plants, including one in the United States, and exports to a number of countries including the US, Europe, Brazil and Japan, according to its website.

Emcure, one of India's top 20 drugmakers, is the latest among some of India's largest drugmakers to have come under fire for similar violations in the last few years, hurting the country's reputation as a reliable supplier of cheap generic drugs to the world, and impacting the growth of the $15 billion industry.

An Emcure Pharma spokesman did not immediately respond to a request for comment.

Emcure, which is a marketing partner to large multinational drugmakers such as Pfizer Inc, Roche, Novartis and Sanofi, makes drugs that are mainly used in cardiology, gynecology and to treat infections