The United States Food and Drug Administration (US FDA) issued four observations for Biocon Biologics facility, the pharma company informed stock exchanges on February 29.
The inspection was at Biocon Biologics Limited’s Biocon Campus (Site 1) facility between February 20-28, 2024.
This inspection pertains exclusively to the rh-Insulin (rhI) Drug Substance (DS) supply to a customer for veterinary use.
"The trigger for this inspection was a Pre-Approval Supplement (PAS) filed by our customer late last year," the company said in a regulatory filing.
The Company will submit a comprehensive Corrective and Preventive Action (CAPA) Plan to the US FDA within the stipulated time and is committed to addressing these observations expeditiously, it added. The outcome of this inspection at Site 1 does not impact the manufacturing and distribution of the company’s commercial products in the US market, according to the company.
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
Find the best of Al News in one place, specially curated for you every weekend.
Stay on top of the latest tech trends and biggest startup news.