A special CBI court on Tuesday rejected the bail pleas of all five people arrested in a case where Bengaluru-based Biocon Biologics is accused of bribing government officials dealing in a product approval.
The CBI last month arrested Central Drugs Standard Control Organisation (CDSCO) joint drug controller S Eswara Reddy and
Biologics head of national regulatory affairs L Praveen Kumar among the five accused in the case. Currently, they are in judicial custody.
The CBI had petitioned the court last month seeking voice samples of the accused to compare them with recorded conversations.
A spokesperson for Biocon Biologics, in a news release, said: “Whilst we are disappointed that bail was not granted to our employee, L Praveen Kumar, we have complete faith in the Indian judicial system. We will continue to extend our full cooperation to the investigative agencies and take appropriate steps as per law.”
The company, a subsidiary of drug maker Biocon, had denied any wrongdoing and said last month that all its product approvals were legitimate and backed by science and clinical data.
ET on June 22 reported that the CBI was looking into alleged involvement of several pharma companies in brib