Indian drugmaker Laurus Labs said on Tuesday that four of its employees died following a flash fire in a room in a manufacturing block of its plant in Visakhapatnam.
One other employee is undergoing treatment in a hospital after the incident that occurred on Monday evening, Laurus said.
The company, which specializes in anti-retroviral, hepatitis C and oncology drugs, said it has launched an investigation, without giving any other specifics about the incident.
Laurus said its other manufacturing blocks were running normally and that it did not expect any material impact on its operations.
It employs over 5,700 people at more than eight facilities including in the Indian cities of Hyderabad and Visakhapatnam, according to a July filing.
Laurus's shares fell as much as 2.4% in early trading on Tuesday, before recovering to trade down 0.5%. They had already declined about 29% so far this year.
(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)
Featured Video Of The Day
Samvidhan@75: DY Chandrachud Speaks On Separation Of Powers, Judges Facing Trolling
2 More Babies Die, Deaths In UP Hospital Fire Rises To 17 Chinese Man Fired For Napping After Working Late Wins ₹41.6 Lakh Compensation Centre Plans To Examine Burnt Area After Farmers Timing Crop Fires "Moving Towards One Party, One Nation": Uddhav Thackeray On BJP Victory 3 Dead, Over 30 Cops Injured: Violence In UP's Sambhal Over Mosque Survey Autopsy Reveals Chilling Details Of Family Kidnapped, Killed In Manipur After Stunning Win In Minority Stronghold, Assam BJP Eyes 5 Such Seats "Waited For 10 Hours": Germany Goes Nuts For Viral Pistachio Chocolate Supreme Court Judges Highlight Importance Of Dissenting Judgements Track Latest News Live on NDTV.com and get news updates from India and around the world.