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    • Biocon up 5 per cent...

    Biocon up 5 per cent as Malaysia arm gets GMP compliance certificate

    Written by Ruby Khatun Khatun Published On 2017-09-10T11:19:30+05:30  |  Updated On 13 Aug 2021 2:14 PM IST

    New Delhi: Shares of biopharmaceutical firm Biocon surged over 5 per cent after the company said its Malaysian arm Biocon Sdn Bhd has received EU GMP compliance certificate from the Health Products Regulatory Authority of Ireland for its insulin manufacturing facility.


    After making a positive opening, shares of the company further jumped 5.32 per cent to Rs 353 on BSE.


    At NSE, shares of the company gained 5.45 per cent to Rs 353.


    "Biocon's subsidiary in Malaysia, Biocon Sdn Bhd, has been issued a certificate of 'GMP compliance' for its insulin manufacturing facility by HPRA (Ireland) as the representative European inspection authority," Biocon spokesperson said in a statement yesterday.


    The certificate reflects that the agency considered the plant to be in compliance with principles and guidelines for good manufacturing practices for active substances, sterile drug products, and quality control testing operations, the statement added.



    Biocon's Malaysia facility was inspected by the European Medicines Agency (EMA) in April 2017.
    BioconBiocon Sdn BhdcertificationdiabetesEUEuropean Medicines AgencyGMP compliance certificategood manufacturing practiceshealth productsinspectioninsulininsulin facilityMalaysian arm
    Source : PTI

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    Ruby Khatun Khatun
    Ruby Khatun Khatun
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      Website Last Updated On : 13 Oct 2022 5:14 AM GMT
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