Dr Reddys Laboratories has received an order dated 12 November 2024, from COFEPRIS (Comisión Federal para la Protección Contra Riesgos Sanitarios) health department of Mexico.
The drug regulatory body of Mexico (Comisión Federal para la Protección contra Riesgos Sanitarios) has imposed a penalty of MXN 651, 420 (
Rs 27 Lakh) on the Company for deviation from prescribed guidelines
in filing intimation of import of a reference standard for one of the company's APIs. Additionally, the fine was imposed due to an error in the date of the invoice and also name of the reference standard Vs import license.