HCG unit ethics committee suspended for 24 months by CDSCO
HCG · price
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CDSCO has suspended HCG's KR Unit Ethics Committee at Bangalore Institute of Oncology for 24 months, barring it from approving new clinical trials or BA/BE studies. Order received 16 June 2026. Alleged violations include delayed Serious Adverse Event reporting, missing conflict of interest disclosures, and missing meeting minutes. Impact is limited to this one committee; hospital operations, patient care, and other units are unaffected. Company sees no significant financial impact and is exploring legal remedies.
Limited to one ethics committee; no major financial impact seen. Stock may face short-term pressure over regulatory risk.