April 5, 2019 / 4:48 AM / 7 months ago

BUZZ-India's Cipla rises after U.S. FDA closes inspection at Goa unit

** Shares of generic drugmaker Cipla Ltd rise as much as 3.41 pct to 538.75 rupees, their highest in a fortnight

** Co said it received an Establishment Inspection Report (EIR) from the U.S. FDA for its Goa manufacturing plant on Thursday, signalling the closure of inspection

** The inspection was conducted between January 21 and 28, 2019

** EIR clears the way for exports from the facilities to the United States

** Nearly 3 mln shares changed hands in first 45 minutes of trade, compared with their 30-day avg of about 2.1 mln shares

** Stock records biggest intra-day pct gain in nearly 2 months

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