Ben Venue Consent Decree Could Be Signal on Hospira, Analyst Says
Boehringer Ingelheim subsidiary Ben Venue Laboratories has signed a consent decree to resolve a history of good manufacturing practice (GMP) slipups. The decree would let it continue making some essential drugs while a third party assesses its facilities — a provision analysts say could open the door to a similar decree for Hospira.
Ben Venue agreed to the consent decree without admitting or denying government allegations that it violated the 1938 FD&C Act.
Not only is the consent decree bad news for Ben Venue, it could also be a signal for Hospira as the issues at Ben Venue are “not that different,” RBC Capital Markets analyst Shibani Malhotra said.
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