Will GMP certificate revive Orchid Pharma?

Orchid Pharma, which is currently under the corporate insolvency resolution process, has received the European Union GMP (Good Manufacturing Practice) certification based on the inspection of the company’s APl manufacturing facility located at SlDCO Industrial Estate, Alathur, Kancheepuram, Tamil Nadu. The Alathur facility specialises in the manufacture of cephalosporin active pharmaceutical ingredients. Investors will closely monitor the development.