Eight varieties of pharmaceutical ingredients worth ₹3.54 lakh seized in TG SAFE raid at Ameenpur firm

The drugs wing of the Telangana Standards Authority for Food and Essential Drugs (TG SAFE) seized illegally stocked Active Pharmaceutical Ingredients (APIs) worth ₹3.54 lakh during a raid at a private company in Sultanpur village of Ameenpur mandal in Sangareddy district.

The raid was conducted at Neocell Biotechnologies Private Limited, located at the Medical Devices Park in Sultanpur, on Friday, following credible information about the illegal stocking of pharmaceutical ingredients for sale without a valid drug licence.

According to TG SAFE, officials found eight varieties of APIs illegally stocked at the premises and seized drug stocks worth ₹3.54 lakh. Further investigation is under way, and action will be initiated against those responsible in accordance with the law, TG SAFE said.

They further added that stocking APIs for sale without a valid drug licence is punishable under the Drugs and Cosmetics Act, with imprisonment of up to five years. TG SAFE’s Drugs Wing is responsible for issuing licences for the stocking and sale of APIs under the Act.