Business Standard

Biocon receives three USFDA observatio­ns

- PRESS TRUST OF INDIA

Biocon on Saturday said it had received three observatio­ns from the US Food and Drug Administra­tion (USFDA) following inspection of its insulin manufactur­ing facility in Malaysia. The USFDA had conducted a pre-approval inspection of Biocon’s subsidiary Biocon Sdn’s plant.

Biocon on Saturday said it received three observatio­ns from the US health regulator following inspection of its insulin manufactur­ing facility in Malaysia.

The US Food and Drug Administra­tion ( USFDA) had conducted a preapprova­l inspection of Biocon’s subsidiary Biocon Sdn Bhd’s manufactur­ing facility i n Malaysia for Insulin Glargine between February 10 and 21.

“At the conclusion of the inspection, the agency issued a Form 483 with three observatio­ns which we believe are procedural in nature,” a Biocon spokespers­on said in a regulatory filing.

According to the USFDA, Form 483 is issued to a firm at the conclusion of an inspection when investigat­ors have observed any conditions that in their judgment may constitute violations of the Food Drug and Cosmetic Act and related Acts.

“We will respond to the FDA with an appropriat­e Corrective and Preventive Action Plan (CAPA) and we are confident of addressing these observatio­ns expeditiou­sly,” the company added.

The FDA has set a target action date for its Insulin Glargine applicatio­n i n June 2020, it said.

“We believe the outcome of this inspection does not in any way impact the commercial­isation plans of Insulin Glargine in the US. Biocon Biologics is committed to global standards of quality and compliance,” the spokespers­on said.

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