Wednesday, November 13, 2013

Alexion recalls more Soliris

The Cheshire, CT, drugmaker said in an SEC filing today that there have been no reports of safety concerns and that the lots in question represent less than 1% of its total inventory, so no supply issues are expected. The company had recalled one lot in August after particulate was found in some retained samples.

The company said all three affected lots came from the same contract vialer and all were filled before August. An investigation led the company to what it believes is the problem, and changes have been made in the process to fix it. The company will take a charge of $10 million to $25 million in the fourth quarter to cover the cost of replacing the affected inventory.

Alexion makes Soliris for the life-threatening blood disorder paroxysmal nocturnal hemoglobinuria, a disease that only affects about 8,000 Americans. The company has struggled this year with production. The FDA issued Alexion a warning letter in March for its Rhode Island manufacturing plant because of issues with bacterial contamination. The following month Alexion brought in a team of experts to help and has told analysts it believes it has already addressed the problems highlighted by the FDA.

No comments:

Post a Comment