Categories: News

CBI files charge sheet in Biocon case

The CBI has filed a charge sheet in an alleged bribery case in which a senior official of the Central Drugs Standard Control Organisation(CDSCO) and a Biocon Biologics executive were arrested in June this year, officials said It is alleged that the bribe payment of Rs nine lakh to Joint Drug Controller S Eswara Reddy was cleared by the associate vice president of Biocon Biologics L Praveen Kumar, they said.

The bribe was allegedly for favorably recommending the file of Insulin Aspart Injection to the Subject Expert Committee (SEC) meeting on May 18 for waiving the phase 3 clinical trial, they said. The agency had filed a charge sheet on August 18, they said. In a coordinated operation, the CBI had arrested Reddy, Kumar, Dinesh Dua, director at Synergy Network India Private Limited, who allegedly gave the bribe to Reddy, Guljit Sethi, an alleged conduit of Biocon Biologics, as well as assistant drug inspector Animesh Kumar in the case.

Biocon Biologics, a subsidiary of Kiran Mazumdar Shaw-led Biocon, however, had denied the allegations of bribery.

”We deny the bribery allegations made in certain media stories. All our product approvals are legitimate and backed by science and clinical data. Our bAspart is approved in Europe and many other countries”, the spokesperson had said.

”We follow the due regulatory process for all our product approvals by DCGI (Drugs Controller General of India). The entire application process in India is online and all meeting minutes are in the public domain. We are cooperating with the investigation agency,” the spokesperson had said.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)

Agency Desk

Recent Posts

Who Gets the $5,181 Social Security Payment This Week? Check If You’re Eligible

To achieve the top payout, a worker must have delayed claiming their benefits until reaching…

11 hours ago

What Credit Score Do You Need to Buy a Car? A Guide for Buyers With Bad Credit

There is no universal credit score needed to buy a car. Higher scores often help…

11 hours ago

New Rules for Student Loans Start July 1, 2026: What Borrowers Need to Know

Major federal student loan changes begin on July 1, 2026. Graduate PLUS loans will end…

1 day ago

Second Facebook Settlement Payment Could Arrive Soon: Who Qualifies and How much you can get?

A second Facebook settlement payment may arrive soon for some users. Only approved claimants who…

1 day ago

UrbanflixTV Activation: Easy Steps to Start Watching on on Roku, Firestick, Smart TV and Apple TV

UrbanflixTV activation is simple across Roku, Firestick, Smart TV, and Apple TV. Install the app,…

2 days ago

Atlantic Hurricane Season 2026 Begins: Why Experts Say Americans Should Still Prepare Despite Calmer Outlook?

The 2026 Atlantic hurricane season has begun with forecasts pointing to below-normal activity. However, weather…

3 days ago