Investors slammed Biocon Ltd. on Indian bourses after the firm and partner Mylan NV retracted applications for their biosimilar trastuzumab and pegfilgrastim in the EU in the backdrop of manufacturing compliance lapses, though Biocon has underscored that it was only following the requisite regulatory procedure.
A pre-approval inspection by the French regulator, ANSM, had earlier flagged compliance deficiencies at Biocon’s Bommasandra site in Bangalore for...
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