These sectors will face another tough year after coronavirus pandemic, the first challenge being vaccination of India's 1.3 billion people. Devangshu Datta explains the opportunities and threats
ADQ will invest Rs 555 Crore for a 1.80 per cent minority stake in the biosimilar business, valuing Biocon Biologics at a post money valuation of around $4.17 billion
Biocon announced that its subsidiary Biocon Biologics has approved a primary equity investment by Abu Dhabi-based ADQ, one of the region's largest holding companies
Transaction values the IPO-bound biologics arm of Biocon at $3.94 billion
Launch of a cancer drug was delayed due to Covid-19
If Nifty again slide below 13,626, we may see some corrective move in the concluding week of the current calendar year
Biocon said its arm, Biocon Biologics, and Mylan have been informed by the USFDA of a deferred action on the biologics license application for a biosimilar to drug Avastin
India saw 37,975 new coronavirus infections in a day taking the country's Covid-19 caseload to 91.77 lakh
The Bengaluru-headquartered company posted 10 per cent growth in consolidated revenue on a y-o-y basis to Rs 1,760 crore in Q2
Even though Q2 performance missed estimates, analysts expect a stronger second half
Accordingly, Sebi imposed a consolidated fine of Rs 3 lakh on Singh for both the violations -- not obtaining pre-clearance and making delayed disclosures
India, which in March imposed the largest nationwide lockdown globally in response to the pandemic, was taken by surprise by the surging number of infections when it started removing the restrictions
With a global health crisis raging, listed pharma entrepreneurs fared well while those with interests in real estate suffered
With phase 4 clinical trials now on, the sales may see a further uptick if data supports its use on Covid-19 patients, said experts.
Biocon Biologics CEO says portfolio to form a substantial part of $1 bn revenue target, to roll out insulin Aspart by next year
As US launch of Insulin addresses a large market, improved visibility for more launches will keep sentiment elevated
Biocon Biologics India and its partner Mylan NV launched insulin glargine injection under the brand Semglee in the US market.
The commercialisation in the US of the drug, which already has approval in 45 countries, gives a boost to Biocon's ambitious target of $1 billion in sales through its biologics division by FY22
Grasim is witnessing a breakout from the range where it has spent the last two months
Shaw adds to the list of high-profile people who have been tested positive in Bengaluru in a span of few weeks, including Karnataka chief minister B S Yediyurappa