Aurobindo Shares Soar 4% as USFDA Classifies Facility as VAI
Shares of Aurobindo Pharma Ltd soared roughly 4% on Wednesday, 6 May, after the company said that the US Food and Drug Administration (USFDA) has classified its Unit-VII facility in Telangana as “Voluntary Action Indicated” (VAI). The factory, which produces oral solid dosage products, is located at the Special Economic Zone (Pharma), TSIIC, Green Industrial…