This product is a part of the biosimilars portfolio being developed jointly by Biocon and Mylan.
"The US Food and Drug Administration has issued a CRL for Mylan's Biologics License Application (BLA) for MYL-1401H, a proposed biosimilar Pegfilgrastim", Biocon spokesperson said in a statement.
The USFDA issues a CRL to convey to a company that its initial review of an application is complete and it cannot approve the application in its present form.
The company said it does not expect the CRL to impact the timing of the launch of biosimilar Pegfilgrastim in the US market.
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"We do not expect this CRL to impact the commercial launch timing of biosimilar Pegfilgrastim in the US. We are committed to working with the agency to resolve the issues stated in the CRL expeditiously," the spokesperson said.
Shares of Biocon were trading at Rs 357.65 per scrip in the afternoon trade on BSE, up four per cent from its previous close.