Cipla faces downgrade after USFDA warning letter
B&K Securities airs concerns considering Cipla’s significant exposure to the US market, constituting 28% of consolidated sales
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B&K Securities airs concerns considering Cipla’s significant exposure to the US market, constituting 28% of consolidated sales
After an inspection at the Pithampur plant, the USFDA issued a warning letter stating that the company's methods, facilities, or controls for manufacturing, processing, packing, or holding do not conform to good manufacturing practices, and that its drug products are adulterated.
The FDA issued a warning letter about nicotine gummies—the first ever notification sent for such a product. The agency’s concern is that the flavored gummies resemble candy and pose a toxicity risk to children.
This is said to be the "first warning letter for this type of product."
"There are no FDA-approved over-the-counter drug products for the removal of moles and skin tags," the FDA said.