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BUZZ-India's Orchid Pharma hits 6-month high; gets successful EIR by USFDA
April 18, 2017 / 7:23 AM / 8 months ago

BUZZ-India's Orchid Pharma hits 6-month high; gets successful EIR by USFDA

** Shares of Orchid Pharma Ltd jump as much as 15.8 pct, to their highest since Oct 10, 2016

** Company gets successful Establishment Inspection Report (EIR) from the USFDA for facility at Kancheepuram in the southern state of Tamil Nadu

** Report clears the way for exports from the plant

** Over 6 mln shares changed hands, over seven times the 30-day average

** Stock up 27.7 pct this year as of Monday’s close (arnab.paul@thomsonreuters.com@reuters.net)

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