India's Biocon falls on getting FDA observation for US site
ReutersOct 13, 2025 7:17 AM
Biocon BION.NS falls 1.5% to 348 rupees; set to snap four-session gaining streak
Biopharmaceutical co's U.S. manufacturing site in New Jersey's Cranbury gets one observation from U.S. FDA post inspection
Cranbury site inaugurated last month
Co says it will address observation within stipulated time; observation not expected to have any impact on business operations
BION down ~5% YTD
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