‘Potential Misconduct’ Shuts EuroAPI Plant In Italy As 2024 Guidance Suspended

‘Fifth Major Disappointment In Two Years’ Impacts EuroAPI’s ‘FOCUS-27’ Plan

EuroAPI is on the backfoot once again after being forced to suspend production at its manufacturing site in Brindisi, Italy, weeks after unveiling a four-year strategic roadmap that sought to tighten and focus its operations amid a challenging two years.

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EuroAPI, the Sanofi-spunoff standalone active pharmaceutical ingredient manufacturing business, has suspended its two-week-old 2024 financial guidance after quality control deficiencies due to “potential local misconduct” led it to halt production and sale of all APIs made at the firm’s subsidiary in Italy.

Deficiencies at the firm’s site in Brindisi, 40km north of Lecce, including integrity deficiencies in documentation and quality data related to API quality control, would be

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