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OCGN Stock: Seems Unattractive With Regulatory Uncertainties

OCGN Stock: Seems Unattractive With Regulatory Uncertainties
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No EUA to Covaxin in USA: FDA recommends Biologics Licence Application route for approval


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No EUA to Covaxin in USA: FDA recommends Biologics Licence Application route for approval
In setback that could potentially delay the launch of Bharat Biotech s COVID-19 vaccine Covaxin in USA, the Food and Drug Administration there has recommended Ocugen Inc, the US partner of the Indian vaccine maker, to go for Biologics Licence Application (BLA) route with additional data, nixing hopes of Emergency Use Authorisation (EUA).
Ocugen in a statement on Thursday announced that as recommended by the FDA, it will pursue submission of a biologics licence application (BLA) for Covaxin.
BLA is a full approval mechanism by the FDA for drugs and vaccines. The development may delay the Covaxin launch in the US, Ocugen said. ....

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