ALPHA TRIBE

Medplus Health Services LimitedImportant, 01-03-2025: General Updates

01-03-2025 | 05:54 pm

Optival Health Solutions Private Limited, a subsidiary of MedPlus Health Services, has received a ten-day suspension order for its drug license at a store located in Raipur, Chhattisgarh. This action was initiated by the Assistant Drugs Controller, citing violations of the Drugs and Cosmetics Act. The potential revenue loss from this suspension is estimated to be approximately ₹2.18 crore. This development may pose risks to the subsidiary's operations and overall financial performance, warranting close monitoring of any further regulatory actions or operational impacts.

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