May 10, 2017 / 4:04 AM / 3 months ago

BUZZ-India's Biocon falls; U.S. FDA issues Form 483 to Bangalore facility

** Shares of Biocon fall as much as 6.1 pct to lowest since Jan. 23

** U.S. health regulator issues Form 483 to Biocon's Bangalore facility with 8 observations

** An FDA Form 483 is issued to companies when the investigator has observed conditions that may constitute violations of the U.S. Federal Food, Drug and Cosmetic Act, 1938

** Up to Tuesday's close, stock gained about 10 pct this year vs 13.8 pct rise in NSE index

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