- The FDA issued a warning letter to Emergent BioSolutions Inc EBS, citing certain deficiencies at the company's troubled manufacturing facility in Baltimore, Maryland.
- The FDA pointed to equipment cleaning and maintenance deficiencies to prevent drug product contamination.
- Reuters reported that the agency also recommended that the company review its quality control process.
- Related: Emergent Bio Says Johnson & Johnson Breached COVID-19 Vaccine Contract.
- Emergent had said the FDA had last inspected its facility at Camden in February earlier this month and was waiting for the agency's feedback.
- The contract drugmaker said it was also conducting additional reviews with a third party in the meantime to ensure "delivery of medically necessary products."
- Also Read: Emergent BioSolutions Posts Q2 Loss On Lower Sales, Q3 Forecasts Below Consensus.
- Price Action: EBS shares closed at $30.50 on Friday.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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