Swissmedic examines drugs trialled by GVK Biosciences

Image
Press Trust of India Geneva
Last Updated : Feb 07 2015 | 12:15 AM IST
The Swiss surveillance authority for medicines today checked for any corresponding preparations of the 700 generic medicines subjected to clinical trials by India's GVK Biosciences, whose marketing rights were suspended by the European Medicines Agency (EMA).
Although, it did not find any such production, it did "find three products that have been authorised for distribution abroad" but not available in the Swiss market yet and is initiating a review procedure for these authorisations.
The Swiss agency, Swissmedic, has asked GVK Biosciences to respond in 30 days. The EMA had claimed last year that the Hyderabad-based company manipulated the results of clinical trials, on the basis of which approvals for 700 medicines were revoked.
Also, 300 other medicines were found to qualify the clinical tests by GVK.
The EMA had said that the studies were flawed because they did not generate sufficient data.
"If the company provides additional studies to support the medicines then there is a chance that their market authorisation remains but if not, then we will suspend or withdraw the authorisations," said Peter Balzli, spokesperson for Swissmedic.
"We would stress once again that there is no evidence of any threat to patient safety. The three medicines concerned contain the correct dosage of the correct active ingredient," he added.
EMA's recommendation has set the stage for a decision by the European Commission, whose decision will be binding on all member states.
The process was initiated when the French medicinal products agency Agence Nationale de Securite du Medicament et des Produits de Sante (ANSM) sounded an alarm about bioequivalence studies conducted between 2008 and 2014.
The suspension recommendations came in January, four months after EMA launched a review of GVK.
A number of EU states had started suspending the GVK bio-tested medicines based on their own review.
Although, GVK had maintained during the review that,"all key activities such as dosing, blood sampling and processing were adequately controlled, supervised and staff were qualified to do the work.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Feb 07 2015 | 12:15 AM IST

Next Story