India's Shilpa Medicare jumps after FDA clears Bengaluru unit
ReutersJul 16, 2025 5:51 AM
Shares of Shilpa Medicare SHME.NS climb 4.5% to 932.6 rupees; set for best day in about 2 months
Pharma co says U.S. FDA issues voluntary action indicated (VAI) classification for a Bengaluru facility
VAI classification implies that the facility will not face any regulatory action
YTD, stock up 14% so far
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