TG SAFE seizes pharmaceutical ingredients worth ₹3.54 lakh in Ameenpur raid
Officials found eight varieties of active pharmaceutical ingredients being stored without a valid drug licence at a private firm in Sangareddy district.
The drugs wing of the Telangana Standards Authority for Food and Essential Drugs (TG SAFE) seized eight varieties of active pharmaceutical ingredients (APIs) worth ₹3.54 lakh on Friday. The operation took place at Neocell Biotechnologies Private Limited, located in the Medical Devices Park in Sultanpur village of Ameenpur mandal, according to The Hindu.
The raid was carried out following reports that the company was storing pharmaceutical ingredients for sale without the required drug licence. Officials discovered the illegal stocks of APIs during the inspection at the Sangareddy district premises.
TG SAFE stated that further investigation is currently underway. The authority said it will take legal action against those responsible for the violation.
Under the Drugs and Cosmetics Act, storing APIs for sale without a valid licence is a punishable offence. This can lead to imprisonment for up to five years.
The TG SAFE drugs wing is the body responsible for issuing licences for the sale and stocking of APIs under the Act.