Date | Title | Description |
26.12.2024 | The Pulse of Progress: India's Business Titans and Infrastructure Triumphs | India is a land of contrasts. Here, tradition meets innovation. The past collides with the future. In this dynamic landscape, two narratives stand out: the rise of business leaders and the evolution of infrastructure. Both are shaping the n... |
26.12.2024 | ‘Why Tata inspires. Why Ambani builds..?’: Harsh Goenka hails India Inc stalwarts: Here’s what he said | RPG Group Chairman Harsh Goenka acknowledged the contribution of India Inc stalwarts, including Ratan Tata, Mukesh Ambani, Anand Mahindra, and several others, in his new post on the microblogging platform ‘X’ (formerly Twitter). Goenka clai... |
23.12.2024 | 22-Km Bengaluru Airport Highway Becomes South India's Highest Toll Revenue Earner | ROADS & HIGHWAYS 22-Km Bengaluru Airport Highway Becomes South India's Highest Toll Revenue Earner
23 Dec 2024 2 Min Read CW Team
The Sadahalli toll plaza near Bengaluru’s international airport has become the highest toll revenue genera... |
09.12.2024 | Infosys Founder Purchases Rs 500 Million Flat in Kingfisher Towers | Real Estate Infosys Founder Purchases Rs 500 Million Flat in Kingfisher Towers
09 Dec 2024 2 Min Read CW Team
Infosys founder NR Narayana Murthy has purchased a second flat in the upscale Kingfisher Towers in Bengaluru for Rs 500 million, e... |
02.12.2024 | AdvantageClub.ai bags $4M in funding led by Axilor Ventures | AdvantageClub.ai on Monday said it raised $4 million in a funding round led by Axilor Ventures, with AFG ventures, Prasanna Sarkar (Co-founder and ex-CTO of Rippling), Bytez Ventures and some existing ventures participating in the round.
Wi... |
23.10.2024 | Biocon’s Syngene reports 9% dip in PAT at ₹106 crore in Q2 | Syngene International Ltd, the research arm of Biocon, reported a 9 per cent dip in profit after tax (PAT) at ₹106 crore in Q2 FY25, down from ₹117 crore in the same quarter the previous year.
Operational revenue fell 2 per cent to ₹891 cro... |
17.10.2024 | Quality as the Cornerstone of India's Economic Future | In the bustling heart of New Delhi, a clarion call has echoed through the corridors of industry. The Indian Foundation for Quality Management (IFQM) has taken center stage, urging businesses to embrace quality as their guiding star. This is... |
17.10.2024 | Burkert inaugurates manufacturing facility in Pune, aims to strengthen portfolio in India | Burkert Fluid Control Systems India Private Limited, a prominent manufacturer of measurement and control systems for liquids and gases, has inaugurated its new manufacturing facility in Pune, Maharashtra, with a grand ceremony. This state-o... |
16.10.2024 | Indian Foundation for Quality Management (IFQM) Calls for Shared Partnerships to Achieve Quality Processes in the Industry | New Delhi, Delhi, India
The Indian Foundation for Quality Management (IFQM) has urged the Indian industry to create an ecosystem that makes 'Quality' the overarching differentiator of their business. Inaugurating the first symposium organis... |
10.10.2024 | Captains of the Industry, Global Quality Experts, Academia and Policy Makers Come Together for the First, 2-day, IFQM Symposium, on Oct 15-16, 2024 | New Delhi, Delhi, India
The Indian Foundation for Quality Management (IFQM), setup by a consortium of leading Indian companies’, seeks to catalyse transformational changes centred on Quality, Excellence and Innovation. IFQM will host its in... |
10.10.2024 | AdvantageClub.ai Tops G2's Fall 2024 Report; Named Leader in Employee Engagement, Employee Recognition, and Rewards & Incentives | Gurugram, Haryana, India
AdvantageClub.ai, a global leader in AI-powered employee engagement and rewards solutions, proudly announces its recognition in G2’s Fall 2024 report. The platform has been named a leader in three prestigious catego... |
08.10.2024 | Fortune Reveals Most Powerful Women Asia 2024 | One of the world's fastest-growing regions now has its own Fortune 100 MPW list
Grace Wang, Chairwoman and CEO of Luxshare Precision Industry, tops the list followed by Oversea-Chinese Banking Corporation Group CEO Helen Wong and Suntory Be... |
25.09.2024 | Private equity firm True North sees another top executive movement | Premium
Mumbai-based alternative investment firm True North, which runs private equity and credit funds and has backed names like Niva Bupa and Biocon Biologics, has seen another senior executive move on from the organisation even as it rem... |
25.09.2024 | Biocon Biologics Announces New Dermatology Data to Be Presented at EADV Congress 2024 | Switching between adalimumab and adalimumab-fkjp in Phase 3 study in patients with chronic plaque psoriasis supports interchangeability between adalimumab and adalimumab-fkjp
Biosimilarity between Bmab 1200 and reference biologic-Ustekinuma... |
25.09.2024 | Next Steps of Pharma Innovation: Affordable Meds, Addressing AMR, and India for World "Every fourth tablet consumed globally is made in India. We have come a long way in producing affordable, hig... | With India's healthcare market rapidly growing, the collaboration between the public and private sectors is essential to ensure healthcare is accessible, affordable, and of high quality, said Madhukar Kumar Bhagat, Joint Secretary, Union Mi... |
21.09.2024 | The Future of Healthcare: Innovation and Collaboration at Pharmavision India 2024 | The healthcare landscape is shifting. At the forefront of this change is the 15th annual Pharmavision India conference, set to take place on September 25-26, 2024, in Ahmedabad and Hyderabad. This event is not just a gathering; it’s a cruci... |
18.09.2024 | Clarivate Announces 15th Annual Pharmavision India Conference Agenda | Industry leaders to discuss AI in healthcare, cell and gene therapy, market access and more at premier life sciences event
LONDON, Sept. 18, 2024 /PRNewswire/ -- Clarivate Plc (NYSE:CLVT) a leading global provider of transformative intellig... |
10.09.2024 | Biocon weighs fresh funding for PE-backed biosimilars unit | Premium
Biocon Ltd is looking to raise fresh funding for its biosimilars unit that has previously secured capital from five private equity investors as well as a strategic backer, at least three people aware of the development told VCCircle... |
29.08.2024 | Biocon Biologics and Mestag Therapeutics: Pioneering Paths in Biosimilars and Cancer Treatment | In the world of biotechnology, innovation is the lifeblood. Two companies, Biocon Biologics and Mestag Therapeutics, are carving their niches in this dynamic landscape. Their recent developments signal a shift in how we approach treatment f... |
29.08.2024 | Biocon Biologics Secures Market Entry for Bmab 1200, a Proposed Biosimilar to Stelara®, in Europe, UK, Canada, and Japan | BENGALURU, India, Aug. 29, 2024 /PRNewswire/ -- Biocon Biologics Ltd (BBL), a fully integrated global biosimilars company and a subsidiary of Biocon Ltd (BSE code: 532523, NSE: BIOCON), announced today that the Company has signed a settleme... |
09.08.2024 | Biocon Net Profit of Up By 550% to INR 660 Crore for Q1FY25 Biocon generated a total revenue of INR 4,567 crore in Q1FY25 and witnessed a net profit of 550 per cent | Biocon reported a total consolidated revenue of INR 4,567 crore for Q1FY25, a 30 per cent year-on-year (YoY) increase from the same period previous year. Other income includes proceeds of INR 1,057 crore on account of the strategic collabor... |
25.07.2024 | Syngene Q1 net profit down 19% to ₹75.7 crore | Syngene International Limited, the contract research unit of Biocon, has reported a dip of 19 per cent year-on-year (Y-o-Y) in profit after tax (PAT) from ₹93.4 crore to ₹75.7 crore in the first quarter that ended June 30, 2024.
Also read: ... |
25.06.2024 | Biocon Biologics receives approval from EMA to manufacture biosimilar Bevacizumab | Biocon Biologics, a global biosimilars company and a subsidiary of Biocon Ltd has received approval from European Medicines Agency (EMA) to manufacture biosimilar Bevacizumab, a type of targeted cancer drug treatment in its new multi-produc... |
14.06.2024 | Type 1 Diabetes Market Set for Significant Growth, Valued at US$ 24.36 Bn by 2031 | Biocon Ltd., Novo Nordisk, Sanofi | Type 1 Diabetes Market 2024
Type 1 Diabetes Market is estimated to be valued at USD 15.95 Bn in 2024 and exhibiting a compound annual growth rate (CAGR) of 6.2% from 2024 to 2031. BURLINGAME, CALIFORNIA, UNITED STATES, June 14, 2024 /EINPre... |
03.06.2024 | Namma Metro to float tender for prefix rights
ULB administrators receive 3-month extension
Kashi-style corridors coming soon to major UP cities
CM Inspects Smart City Projects, criticises consultants ... | RAILWAYS & METRO RAIL Namma Metro to float tender for prefix rights
03 Jun 2024 2 Min Read CW Team
Namma Metro is gearing up to introduce a new concept termed 'semi-naming rights', allowing sponsors to have their organisation's name as ... |
29.05.2024 | Health secy highlights India's achievements, future goals at WHO assembly | - |
24.05.2024 | Biocon signs licensing, supply deal for obesity drug in South Korea | - |
21.05.2024 | Expect formulations biz to outpace API biz: Biocon Group CEO Peter Bains | - |
21.05.2024 | Biocon Biologics Obtains U.S. FDA Approval for Biosimilar Aflibercept for Yesafili™. Enters U.S. Ophthalmology Market | BRIDGEWATER, N.J. and BENGALURU, India, May 21, 2024 /PRNewswire/ -- Biocon Biologics Ltd (BBL), a fully integrated global biosimilars company and subsidiary of Biocon Ltd (BSE code: 532523, NSE: BIOCON), today announced that the U.S. Food ... |
17.05.2024 | Indian pharma firms supplied 47% of all generic prescriptions in US in 2022 | - |
16.05.2024 | Biocon Q4 FY24 profit declines 57% y-o-y to ₹135 cr | Bengaluru-based Biocon Ltd. reported a 56.7 per cent decline in consolidated profit to ₹135.5 crore in Q4 FY24 compared to ₹313.2 crore in Q4 FY23. Additionally, consolidated profit fell by 79.7 per cent quarter-on-quarter (q-o-q) from ₹660... |
16.05.2024 | Biocon Q4 results: Profit drops 57% to Rs 135 crore; revenue up 4% | - |
16.05.2024 | Biocon Q4 results: Net profit falls 57% to Rs 136 crore; revenue up 0.94% | - |
14.05.2024 | Zerodha's Nikhil Kamath: Bombay is famous for good looking people, but those of Bengaluru are... | Nikhil Kamath said he and other business leaders in Bengaluru including Biocon executive chairperson and billionaire Kiran Mazumdar-Shaw often meet to discuss ways to make the city 'cooler'. (Image credit: @nikhilkamathcio/Instagram)
Bengal... |
13.05.2024 | Biocon inks supply, distribution pact with Medix for chronic weight management drug in Mexico | Biocon Ltd on Monday announced the signing of a semi-exclusive distribution and supply agreement with Mexico-based Medix for the commercialisation of its drug Liraglutide (gSaxenda), used in the treatment of chronic weight management.
Also ... |
09.05.2024 | Viatris Reports Strong First Quarter 2024 Financial Results and Reaffirms 2024 Financial Guidance Ranges | PITTSBURGH, May 9, 2024 /PRNewswire/ --
Reports Total Revenues of $3.66 Billion; U.S. GAAP Net Earnings of $113.9 Million; Adjusted EBITDA of $1.19 Billion; U.S. GAAP EPS of $0.09; Adjusted EPS of $0.67; U.S. GAAP Net Cash Provided by Opera... |
08.05.2024 | Dr Reddy's Labs slumps 5% as brokerages give 'Reduce' call post Q4 earnings | - |
06.05.2024 | Stock Market Today: Top 10 things to know before the market opens | Foreign institutional investors (FIIs) net sold Rs 2391.98 crore shares, while domestic institutional investors (DIIs) pumped in Rs 690.52 crore on May 3
The benchmark Sensex and Nifty indices are likely to open on a strong note on May 6 as... |
04.05.2024 | Productivity loss due to oral cancer in India in 2022 at $5.6 bn: Study | - |
02.05.2024 | India, New Zealand look to boost collaboration in pharma, digital trade | - |
01.05.2024 | Mizoram sees alarming surge in TB deaths, 108 succumb to disease in 2023 | - |
29.04.2024 | India's Strategic Moves in West Asia and Beyond | India is making strategic moves in West Asia and beyond to expand its ties and reduce its reliance on China.
India is set to sign a trade deal with Oman, strengthening its ties in West Asia. This move is aimed at boosting India's presence i... |
27.04.2024 | India set to sign trade deal with Oman to expand its West Asia ties | - |
26.04.2024 | Karnataka Election 2024 Live Updates: Actor Rakshit Shetty, Yash, Infosys co-founder Kris Gopalakrishnan, Biocon's Kiran Mazumdar-Shaw cast votes | - |
17.04.2024 | Biocon partners Biomm SA to commercialise it's diabetes drug in Brazil | - |
09.04.2024 | Godrej Properties surges 8%, hits new high on strong Q4 business update | Shares of Godrej Properties hit a new high of Rs 2,788.75 as they surged 8 per cent on the BSE in Tuesday's intraday trade after the real estate company said its bookings grew 135 per cent year-on-year (Y-o-Y) to over Rs 9,500 crore in the ... |
08.04.2024 | Biocon leads India's push into anti-obesity drugs as patents lapse | Biocon Ltd. is pivoting to anti-obesity therapies as patents for the blockbuster medications start to expire, unleashing a wave of generic supply for the market that’s expected to touch $100 billion by 2030.
The Bengaluru-based firm has sco... |
08.04.2024 | Godrej Properties sells 1,050 luxury homes for over Rs 3K cr in Gurugram | Realty firm Godrej Properties Ltd (GPL) on Monday said it has sold over 1,050 homes worth over Rs 3,000 crore within three days of launch of its new project at Gurugram, in Haryana.
This reflects strong sales momentum in the residential seg... |
19.03.2024 | India Takes Aim at Global Competitiveness with the Launch of World Class Quality Institute – India Foundation for Quality Management (IFQM) | Mumbai, Maharashtra, India
In a bold move to address a critical challenge, a consortium of seven leading Indian companies have launched the Indian Foundation for Quality Management (IFQM), a Section 8 not-for-profit Company. IFQM is a uniqu... |
18.03.2024 | Torrent Power leaps 8%, nears 52-week high on 300 MW solar, wind project | Shares of Torrent Power surged 7.6 per cent to Rs 1,249.25 per share on the BSE in Monday's intraday trade, in an otherwise volatile market, on the back of Rs 3,650-crore project win.
At 11:05 AM, shares of the company were ruling 5 per cen... |
18.03.2024 | Investor should rebalance portfolio after surge in value fund returns | Over the last year, value funds have delivered a category average return of 46.8 per cent to investors, outperforming most diversified equity categories, barring midcap and smallcap funds. Investors must temper their return expectations fro... |
18.03.2024 | P&G India appoints Kumar Venkatasubramanian as CEO effective May 1 | Kumar Venkatasubramanian will be the new chief executive officer (CEO) of Procter & Gamble India beginning May 1, as the incumbent LV Vaidyanathan has decided to move on after 28 years at the FMCG giant.
Venkatasubramanian is currently ... |
16.03.2024 | BPCL, HPCL, IOC shed up to 8% on petrol, diesel price cut, margin worries | Investors shunned shares of oil marketing companies (OMCs) on Friday as they feared the government's decision to cut retail prices of petrol and diesel could hurt the companies' profit margins in the near-term.
On Thursday, the government a... |
15.03.2024 | Stress Test: DSP needs 16 days to exit 25% in SmallCap MF; Edelweiss 3 days | Edelweiss Mutual Fund on Thursday disclosed its first stress test result in order to comply with recent Association of Mutual Funds in India (AMFI) regulation post Sebi's directive.
The AMFI has asked all its members to disclose stress test... |
15.03.2024 | Eris buys India formulation biz of Biocon Biologics for Rs 1,242 crore | Eris Lifesciences, a chronic therapy-focused drug firm, has acquired the India-branded formulation business of Biocon Biologics, a subsidiary of Biocon, for Rs 1,242 crore. This includes portfolios in insulin, oncology, and critical care.
T... |
15.03.2024 | Bharti Airtel hits all-time high in weak market; zooms 63% thus far in FY24 | Shares of Bharti Airtel hit a record high of Rs 1,218.65, up 2 per cent on the BSE in Friday's intra-day trade in an otherwise weak market on expectations of strong operational performance. The stock of telecom services provider surpassed i... |
15.03.2024 | Biocon slips 5% on plan to sell branded formulation biz to Eris | Shares of Biocon slipped 5 per cent to Rs 254.15 on the BSE in Friday’s intra-day trade as the company’s unit Biocon Biologics will sell its Indian branded formulations businesses to Eris Lifesciences in a deal worth Rs 1,242 crore ($150 mi... |
14.03.2024 | Recent strong rally leaves little room for IT firms to disappoint | Analysts are cautious about the performance of IT services sector from January to March quarter (Q4) of FY24 and the first half (H1) of FY25. While the Bloomberg consensus on revenue implies the market is expecting 2-3 per cent growth on a ... |
14.03.2024 | SpiceJet finalises lease agreement for 10 aircraft to boost capacity | Budget carrier SpiceJet on Thursday said it is planning to lease 10 aircraft to expand its fleet ahead of the busy summer season. In aviation, the summer schedule begins on the last Sunday in March and ends on the last Sunday in October.
Cl... |
11.03.2024 | Bengaluru's Electronics City Nears Metro Link | RAILWAYS & METRO RAIL Bengaluru's Electronics City Nears Metro Link
11 Mar 2024 CW Team
Bengaluru's tech hub Electronics City, home to companies like Infosys and Biocon, is now a step closer to Metro connectivity. Bengaluru Metro Rail C... |
05.03.2024 | India Inc's wellness mantra: Me time, music, walks and the power of a smile | In the last few years, the debate on worklife has swung between how much is healthy and how much is necessary. Should a workweek be 70-hour-long or is a four-day office routine more productive? Should we give work our all or seek work-life ... |
04.03.2024 | Despite mental health benefits, over 50% women quit exercising: Study | Despite the clear connection between mental well-being and exercise, a study conducted by sportswear manufacturer ASICS found that over half of women globally are dropping out or stopping exercise completely, which is negatively impacting t... |
04.03.2024 | Tata Motors to demerge businesses into two separate listed companies | Tata Motors announced on Monday its decision to demerge its business into two separate listed entities, segregating its commercial vehicles (CV) and passenger vehicles (PV) businesses.
The auto major's board meeting saw the approval of the ... |
30.11.2023 | Biocon Biologics Successfully Completes Integration of Viatris’ Biosimilar Business in 31 Countries in Europe | BENGALURU, India, Nov. 30, 2023 (GLOBE NEWSWIRE) -- Biocon Biologics Ltd (BBL), a subsidiary of Biocon Ltd (BSE code: 532523, NSE: BIOCON), today announced that the integration of the Viatris’ biosimilars business in 31 European countries h... |
06.09.2023 | Biocon Biologics Continues to Expand Global Footprint, Completes Integration of Viatris Biosimilars' Business In North America Ahead of Schedule | BRIDGEWATER, N.J. and BENGALURU, India, Sept. 6, 2023 /PRNewswire/ -- Biocon Biologics Ltd (BBL), a subsidiary of Biocon Ltd (BSE code: 532523, NSE: BIOCON), today announced that the Company has completed the integration of the acquired bio... |
24.07.2023 | Biocon Biologics Announces Positive CHMP Opinion for YESAFILI®, Biosimilar Aflibercept | BRIDGEWATER, N.J. and BENGALURU, India, July 24, 2023 /PRNewswire/ -- Biocon Biologics Ltd (BBL), a subsidiary of Biocon Ltd (BSE code: 532523, NSE: BIOCON), today announced that the European Medicines Agency's Committee for Medicinal Produ... |
04.07.2023 | AFTER FIVE YEARS OF SUCCESSFUL EXPERIENCE INTERNATIONALLY, BIOCON BIOLOGICS' HULIO® BIOSIMILAR TO HUMIRA®, NOW AVAILABLE IN THE UNITED STATES | BRIDGEWATER, N.J. and BENGALURU, India, July 3, 2023 /PRNewswire/ -- Biocon Biologics Ltd (BBL), a subsidiary of Biocon Ltd, today announced that HULIO® (adalimumab-fkjp) injection, a biosimilar to Humira® (adalimumab), is now available to ... |
25.04.2023 | Serum Institute of Life Sciences to invest additional $150 million in Biocon arm | Serum Institute of Life Sciences had invested $150 million in Biocon Biologics in November 2022.
As per their new arrangement, Biocon Biologics will have access to 100 million doses of vaccines, annually.
Biocon Biologics will also get dist... |
25.04.2023 | Serum Institute to invest $300 mn in Biocon's unit, provide access to 100 mn vaccine doses annually | Serum Institute to invest $300 mn in Biocon's unit, provide access to 100 mn vaccine doses annually 1 min read . Updated: 25 Apr 2023, 10:50 AM IST Livemint
Premium A research scientist works inside a laboratory of India's Serum Institute, ... |
22.02.2023 | Biocon raises ₹1,070 crore from Kotak Special Situations Fund | Biocon will use the proceeds to finance Biocon Biologics' acquisition of the biosimilars business of Viatris.
Biocon Biologics completed the acquisition of Viatris’ global biosimilars business in November 2022.
With this investment, the $1 ... |
22.02.2023 | Kotak Special Situations Fund invests ₹1,070 crore in Biocon | Kotak Special Situations Fund, managed by Kotak Investment Advisors, has invested ₹1,070 crore in Biocon Ltd, the fund said in a release on Wednesday.
“This investment comes at a pivotal point when Biocon is forward integrating its biosimil... |
29.11.2022 | Pharma. Biocon Biologics completes acquisition of Viatris for over $3 billion | Biocon Biologics Ltd, a subsidiary of Biocon, on Tuesday, announced the completion of the acquisition of the global biosimilars business of its partner Viatris for over $3 billion.
As part of completing the transaction, Biocon has issued co... |
14.11.2022 | Biocon Q2FY23 Revenue at Rs. 2,384 Cr., Up 23 percent; Core EBITDA at Rs. 816 Cr., Up 34 percent Gross R&D Spend at Rs. 252 Crore, Up 52 percent | Bengaluru, Karnataka, India
Biocon Ltd. (BSE code: 532523, NSE: BIOCON), an innovation-led global biopharmaceuticals company, today announced its consolidated financial results for the second quarter ended September 30, 2022.
Q2FY23 | Finan... |
02.09.2022 | Biosimilar giant Biocon gets hit with 483 for issues at sites in Malaysia and India | While Biocon continues to be one of the major players in the generics and biosimilars markets, several of the company’s manufacturing sites have ended up on the FDA’s radar.
In a letter submitted to the stock exchange ... |
26.04.2022 | Biocon's arm gets $90 mn contract from Malaysian government for insulins | Biocon's arm gets $90 mn contract from Malaysian government for insulins
Premium Biocon Biologics said its subsidiary has bagged a three-year contract, valued at $90 million (around ₹688 crore) from the Malaysian government (AP) 1 min read ... |
03.11.2021 | Viatris and Biocon Biologics Announce Prime Therapeutics Prefers First-Ever Interchangeable Insulin Biosimilar Semglee® (insulin glargine-yfgn) Injection and Insulin Glargine (insulin glargine-yfgn) I... | Nov. 3, 2021
Viatris Inc. and Biocon Biologics Limited (BBL), a subsidiary of Biocon Ltd., are proud to confirm that Prime Therapeutics, a leading pharmacy benefit manager (PBM) serving nearly 33 million members, will list Semglee® (insulin... |
28.10.2021 | A month after Biocon was handed a Form 483, documents reveal lackluster conditions | In September, Biocon got out in front of a Form 483 it was handed by the FDA in a rare out-of-the-country inspection, insisting that the hiccup would not hinder its plans for the commercialization of insulin aspart in the U... |
30.09.2021 | Bristol Myers reports shortage of chemo drug abraxane; Sartorius more than doubles capacity with Michigan expansion | Manufacturing delays have led to a shortage in abraxane, Bristol Myers Squibb says.
The announcement comes on the heels of the FDA shooting down a petition to stall generic version of the drug. Five years after the petiti... |
17.09.2021 | Biocon Biologics to offer 15% stake to Serum Institute Life Sciences at valuation of $4.9 bn | In return, to get committed access to 100 million vaccine doses annually for 15 years with commercialisation rights of the SILS vaccine portfolio.
Biocon Biologics Limited (BBL), a subsidiary of Biocon Ltd,. and Serum Institute Life Science... |
17.09.2021 | Biocon Biologics to offer 15% stake to Serum Institute Life Sciences at valuation of $4.9 billion | Biocon Biologics, a subsidiary of Biocon, on Thursday said it will offer around 15 per cent stake to Serum Institute Life Sciences at a post-money valuation of about USD 4.9 billion. Serum Institute Life Sciences (SILS) is a subsidiary of S... |
29.07.2021 | The FDA just broke the logjam on interchangeable biologics. Here’s what that decision means | The Food and Drug Administration’s decision on Wednesday to approve a long-acting insulin called Semglee (insulin glargine-yfgn) as the first interchangeable biologic licensed for the U.S. market represents a major step forward to greater c... |
07.06.2021 | JACOBS ENGINEERING GROUP INC.
Sustainable, Safe and State-of-the-Art: Biocon Biologics' New Bangalore Facility Receives Recognition | The Biocon Biologics Manufacturing Plant (B3), the newest addition to the biopharmaceutical company's 100-acre Biocon Park in Bengaluru, India, is no small achievement.
Stretching 340,000 square feet and costing $120 million (USD), it is no... |
08.01.2021 | Biocon gains 2% after arm gets Rs 555 crore capital injection from ADQ | Shares of Biocon climbed 2 per cent to Rs 466 on the BSE on Friday after the company announced that the board of its subsidiary Biocon Biologics has approved a primary equity investment by Abu Dhabi based ADQ (“ADQ”), one of the region’s la... |
07.01.2021 | India: Biocon Biologics raises $75.6m from Abu Dhabi’s ADQ, gets valued at $4b | Biotechnology major Biocon on Thursday said its subsidiary Biocon Biologics got capital injection of ₹555 crore from Abu Dhabi-based ADQ.
The transaction values the Biocon unit at $4.17 billion. Post the completion of this transaction, Bioc... |
07.01.2021 | India: Biocon Biologics raises $75.6m from Abu Dhabi’s ADQ, gets valued at $4b | Premium
Biotechnology major Biocon on Thursday said its subsidiary Biocon Biologics got capital injection of ₹555 crore from Abu Dhabi-based ADQ.
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07.01.2021 | Biocon Biologics valued at over $4 bn with ADQ investment | Abu Dhabi’s state entity ADQ, formerly known as Abu Dhabi Developmental Holding Company, will invest Rs 555 crore ($75.6 million) in Biocon Biologics Ltd.
The board of the biosimilars firm has approved the investment.
As part of the transac... |
07.01.2021 | Biocon Biologics gets capital injection of $150 mn from Goldman Sachs | Biopharmaceutical major Biocon has announced that the Board of its subsidiary Biocon Biologics has approved a capital injection of $150 million from global banking and investment firm Goldman Sachs.
According to the terms of the proposed ag... |
07.01.2021 | [Funding alert] Biocon Biologics raises Rs 555Cr from Abu Dhabi-based ADR at $4.17B valuation | Biocon Biologics Ltd, a subsidiary of Indian biopharmaceutical major Biocon, on Thursday said it has approved a primary equity investment from Abu Dhabi-based holding company ADQ.
According to an official statement, ADQ will be investing Rs... |
10.11.2020 | India: Goldman Sachs to invest $150m in Biocon Biologics | Premium
Biocon Biologics, a subsidiary of biotechnology major Biocon Ltd, has secured its board’s approval for an investment of $150 million (Rs 1,125 crore) from US-based investment bank Goldman Sachs.
Continue reading this story with a su... |
10.11.2020 | India: Goldman Sachs to invest $150m in Biocon Biologics | Biocon Biologics, a subsidiary of biotechnology major Biocon Ltd, has secured its board’s approval for an investment of $150 million (Rs 1,125 crore) from US-based investment bank Goldman Sachs.
As part of the agreement, Goldman Sachs will ... |
09.11.2020 | Biocon Biologics gets third PE cheque this year as Goldman bets $150 mn | Biopharmaceuticals company Biocon Ltd’s biosimilars unit is getting a big funding cheque from Goldman Sachs, after roping in private equity firms True North and Tata Capital Growth Fund earlier this year.
Biocon said in a stock market discl... |
09.11.2020 | [Funding alert] Biocon Biologics gets Rs 1,125 Cr capital infusion from Goldman Sachs | Biocon has announced that its subsidiary Biocon Biologics has approved a Rs 1,125 crore investment from Goldman Sachs.
This capital injection by Goldman Sachs will enable Biocon Biologics to make prudent investments in R&D, high-quality... |
07.11.2020 | Biocon Biologics gets Rs 1,125 cr capital infusion from Goldman Sachs | Biocon Ltd, an innovation-led global biopharma company, has announced that its subsidiary Biocon Biologics Ltd’s board (Biocon Biologics) has approved a Rs 1,125 crore ($150 million) capital injection from Goldman Sachs.
As per the terms of... |
03.08.2020 | BIOCON LIMITED
Biocon : Tata Capital Growth Fund to Invest USD 30 million in Biocon Biologics for an Equity Stake of 0.85% Deal Values Biocon Biologics at USD 3.5 Billion | Biocon Ltd (BSE code: 532523, NSE: BIOCON), an innovation-led global biopharmaceuticals company, today announced that the Board of its subsidiary Biocon Biologics India Limited (Biocon Biologics) has approved a primary equity investment by ... |
31.07.2020 | Biocon’s subsidiary raises $30 million from Tata Capital – company’s shares jump by almost 2% | Biocon’s subsidiary company Biocon Biologics has raised $30 million from Tata Capital Growth Fund, valuing the company at $3.5 billion.
Biocon’s share price jumped by almost 2% as the news of the funding came in.
Biocon Biologics claims to ... |
31.07.2020 | Tata Capital Growth Fund to invest ₹225 cr in Biocon Biologics | Biocon Ltd, a global biopharmaceuticals company, announced on Friday that the board of its subsidiary Biocon Biologics India Limited has approved a primary equity investment by Tata Capital Growth Fund.
As per the terms of the proposed agre... |
07.01.2020 | [Funding alert] True North to invest Rs 536.25 Cr in Biocon Biologics for 2.44pc stake | Biotechnology major Biocon on Monday said private equity firm True North will invest Rs 536.25 crore to acquire 2.44 percent stake in its arm Biocon Biologics, valuing the subsidiary at Rs 21,450 crore on a pre-money equity basis.
The board... |
07.01.2020 | India: True North to buy 2.4% stake in Biocon Biologics at $3b valuation | Premium
Indian biopharmaceutical major Biocon Biologics on Monday said that private equity fund True North will acquire a 2.44% stake in the company for ₹536.25 crore, or around $75 million.
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06.01.2020 | True North to invest $75 mn in Biocon's biosimilar unit | Indian biotechnology firm Biocon Ltd on Monday said that private equity firm True North will invest Rs 536.25 crore ($74.84 million) in its subsidiary Biocon Biologics.
The deal marks the extension of a relationship between Biocon and True ... |
06.01.2020 | Phathom Pharmaceuticals snatches up another Celgene exec; True North bets $74M for a stake in Biocon Biologics | Martin Gilligan
→ Ahead of the potential commercialization of vonoprazan, gastrointestinal disease-focused Phathom Pharmaceuticals has brought on another former Celgene exec. Last month the company welcomed Terri... |