Shares of Eli Lilly and Co. jumped more than 8%, or $18.59, to $235.69 at the opening bell Thursday.
(Reuters) - A week before Eli Lilly disclosed to regulators that the U.S. Justice Department was investigating its New Jersey factory, the drugmaker told employees that its own inquiry, led by an outside law firm, found no evidence of wrongdoing there, according to a company memo reviewed by Reuters.
The committee of outside experts is expected to vote on whether the vaccine, developed along with German partner BioNTech, has shown effectiveness in preventing Covid-19
As US launch of Insulin addresses a large market, improved visibility for more launches will keep sentiment elevated
Recently, while 26 workers at Cadila Pharmaceuticals facility in Ahmedabad tested positive for Covid-19, one person at Sun Pharma's Halol plant tested positive.
The FDA has seized such products worth lakhs during raids on local manufacturing units in western suburbs in the last few days, he said
The warning comes amid concerns over rising food adulteration and use of carcinogenic chemicals in fruits and vegetables by traders
The bench directed the authorities to file their affidavits, and posted the petition for further hearing on July 30
The Gujarat FDA has cancelled licenses of 15 blood banks in the state for not following standard practices to store and distribute blood. "The state regulator has asked these blood banks to pull down the shutter as they are repeated defaulters." said its chief Dr H G Koshia .The Gujarat FDA feels that these blood banks are substandard due to the unavailability of kits to test antibodies and other equipment related issues. There were 156 blood banks in the state. With these cancellations, 141 have licenses to operate. Cancellation of license has taken place across a number of cities like Ahmadabad, Rajkot among others. As per the rules, a 24/7 blood bank is required to have at least three Blood Transfusion Officers (BTOs) working in shifts. It is also mandatory that while collecting and transfusing blood, its components such as plasma, white blood cells are tested in the presence of a BTO to avoid fatal mistakes.Gujarat is not the only state to tighten the grip on blood banks. ...
FSMA directs FDA to work with food producers to systematically prevent safety problems