Panacea Biotec Baddi unit gets USFDA warning letter
New Delhi: Drug firm Panacea Biotec on Wednesday said it has received a warning letter from the US health regulator for its pharmaceutical formulation facility at Baddi in Himachal Pradesh.
The facility is owned by the company''s wholly-owned unlisted subsidiary Panacea Biotec Pharma Ltd (PBPL), the company said in a BSE filing.
"The company/ PBPL has taken multiple steps after the inspection of the facility conducted during February 10 to 20, 2020 to address the observations received from USFDA during the inspection," it added.
The company will actively engage with the agency and take all necessary steps required to address the United States Food and Drug Administration (USFDA) concerns, Panacea Biotec said.
Panacea Biotec/PBPL is also in the process of providing a thorough and comprehensive response to the USFDA within the statutory time permitted in the letter, it added.
The warning letter does not materially affect the existing business of the company/PBPL in the US and the existing product supplies from the said pharmaceutical formulations facility will continue, the filing noted.
Read also: Panacea Biotec DengiAll vaccine completes phase 1/2 study
Disclaimer: This website is primarily for healthcare professionals. The content here does not replace medical advice and should not be used as medical, diagnostic, endorsement, treatment, or prescription advice. Medical science evolves rapidly, and we strive to keep our information current. If you find any discrepancies, please contact us at corrections@medicaldialogues.in. Read our Correction Policy here. Nothing here should be used as a substitute for medical advice, diagnosis, or treatment. We do not endorse any healthcare advice that contradicts a physician's guidance. Use of this site is subject to our Terms of Use, Privacy Policy, and Advertisement Policy. For more details, read our Full Disclaimer here.
NOTE: Join us in combating medical misinformation. If you encounter a questionable health, medical, or medical education claim, email us at factcheck@medicaldialogues.in for evaluation.