Do not disregard FDA warnings, pharma told

3 April 2001

The US Food and Drug Administration has revealed that during 2000, itissued about 1,180 warning letters to pharmaceutical and cosmetics manufacturers, health care facilities and food companies, compared with 900 in each of the two preceding years.

Moreover, the recent warning letters sent by the agency to pharmaceutical majors such as Schering-Plough (Marketletter February 26) and Eli Lilly (Marketletter March 19) concerning Good Manufacturing Practice standards violations send "a signal to everybody else" in the industry, according to attorney Alan Minsk, a specialist in FDA regulation. Speaking at an Institute of Validation Technology conference in Boston, reported by Reuters, Mr Minsk said the big firms used to regard warning letters as a slap on the wrist, but with major players being reprimanded, and more severe penalties such as the $100 million fine imposed on Abbott Laboratories some years ago (Marketletter October 11, 1999), no-one in the industry can regard themselves as immune from more severe FDA actions.

Moreover, the Boston meeting heard, investors do take warning letters seriously, as was illustrated by S-P's stock plunge in February after an agency letter disrupted production at the company's facilities in New Jersey and Puerto Rico, and the financial implications of possible FDA product seizures and recalls and plant shutdowns.

This article is accessible to registered users, to continue reading please register for free.  A free trial will give you access to exclusive features, interviews, round-ups and commentary from the sharpest minds in the pharmaceutical and biotechnology space for a week. If you are already a registered user please login. If your trial has come to an end, you can subscribe here.

Login to your account

Become a subscriber

 

£820

Or £77 per month

Subscribe Now
  • Unfettered access to industry-leading news, commentary and analysis in pharma and biotech.
  • Updates from clinical trials, conferences, M&A, licensing, financing, regulation, patents & legal, executive appointments, commercial strategy and financial results.
  • Daily roundup of key events in pharma and biotech.
  • Monthly in-depth briefings on Boardroom appointments and M&A news.
  • Choose from a cost-effective annual package or a flexible monthly subscription
The Pharma Letter is an extremely useful and valuable Life Sciences service that brings together a daily update on performance people and products. It’s part of the key information for keeping me informed

Chairman, Sanofi Aventis UK



Companies featured in this story

More ones to watch >


Today's issue

Company Spotlight