Alembic Pharmaceuticals Limited - Special Call Transcript

Mar 20, 2020 / 10:30AM GMT
Operator

Ladies and gentlemen, good day and welcome to the discussion on impact of COVID-19. We have with us today on the call Mr. Pranav Amin, Managing Director; Mr. Shaunak Amin, Managing Director; Mr. R.K. Baheti, Director, Finance and CFO; Mr. Mitanshu Shah, Head Finance; Mr. Ajay Kumar Desai, Senior VP, Finance. (Operator Instructions) Please note that this conference is being recorded.

I now hand the conference over to Mr. Pranav Amin. Thank you, and over to you, sir.

Pranav Chirayu Amin - Alembic Pharmaceuticals Limited - MD & Executive Director

Thank you. Good afternoon, everyone, and thank you all for joining our conference call. The reason for this is that we had multiple requests for a call about this topic and Alembic and the pharmaceutical outlook. And instead of individual calls, we thought we will just do one, where we address all of you together.

Before I get to the COVID pandemic, let me address the FDA issue that we recently had at F1, our main formulation plant for the U.S. and the European markets. We had 2 auditors who spent a

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