European authorities put heart med manufacturer under close scrutiny
Shanghai-listed Zhejiang Huahai Pharmaceutical (SHA: 600521) has been placed under close supervision by European authorities, after an inspection uncovered “quality management weaknesses” at the company’s Chuannan site in Linhai, China.
The inspection followed an EU-wide review of valsartan products, which was triggered in July after the European Medicines Agency found a likely carcinogen in the blood pressure med.
That review was extended in late September to include medicines containing candesartan, irbesartan, losartan and olmesartan.
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