Digital diagnosis is now the default diagnosis of the lab for surgical pathology and 100% of FFPE slides are digitally scanned into high-resolution digital images
The current margin pressure will also get mitigated by tax benefits and operational efficiencies
Biocon Biologics, through its partner Mylan, has commercialised three of its co-developed biosimilars in developed markets like the US, Canada, the European Union and Australia.
The United States Food and Drug Administration (USFDA) inspection of its Piparia (Silvassa) formulations manufacturing unit in August resulted in three observations, it added.
The plant's water system was not adequately designed, controlled, maintained, and monitored to ensure it consistently produced water that met specifications and appropriate microbial limits
Big entities such as Aurobindo and Dr Reddy's have been currently filing for new product approvals from multiple sites
Regulator issues Form 483 with as many as 14 observations that could impact ongoing operations at the plant
Dr Reddy's was in the news for falling short of expectations during routine audits conducted by the US drug regulator
The company had earlier received approval for the product from the United States Food and Drug Administration
The tablets will be manufactured at the group's manufacturing facility at SEZ, Ahmedabad, Zydus Cadila said.
The observations issued by the USFDA notifies the company's management of objectionable conditions at the inspected facility
The US Food and Drug Administration issued Form 483 with 14 observations to the company following the completion of inspection from November 4-14.
The medicine is indicated for prophylaxis and treatment of chronic asthma in adults and children 12 years of age and older, it added.
Observations are related to procedural improvements, not data integrity, says the company
The latest regulatory crackdown shows US regulator's stance is hardening toward lapses in quality control even as it seeks cheaper drugs to contain health care costs
The company remains committed to patient safety and meeting the expectations of regulatory compliances, the Gujarat-based firm said.
Strides' Ranitidine tablets 300 mg is within the acceptable limits for N-nitrosodimethylamine (NDMA) of 96 nanograms per day or 0.32 ppm
The company said the warning letter does not affect the existing business of the company in the US and the existing product supplies from the Moraiya facility will continue.
An amount of Rs 17 crore is recognised as a possible refund liability (as a reduction from revenue) arising out of the company's decision to recall the said product
The formulation unit 45% of the firm's US sales; Cadila says letter does not impact its existing business in the United States for now