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Biocon

Latest Headlines

Latest Headlines

Biocon's planned CRO IPO could change the tone in India

Biocon, India's pre-eminent biotech company, is planning to spin out its in-house CRO in an Indian IPO, a move that shines a light on the country's evolving industry.

Details dribble out on Biocon's Syngene unit ahead of India IPO

A contract research organization's initial public offering in India will be closely watched not only for signs of demand but also as to whether the local market may look anew at its broad biomedical sector.

Biocon plans India listing for Syngene in R&D funding move

Biocon plans to list its Syngene International research subsidiary on the India stock market by launching a $160 million initial public offering. With money in Syngene's pockets, Biocon then plans to sell 10% of its holdings to raise about $95 million for its own research.

India's Biocon eyes an IPO for its in-house CRO

Indian biotech giant Biocon is planning to take Syngene, its in-house CRO, public in an IPO on the local exchange.

Indian drug firms eye 'paper tiger' status at home, clinical opportunities abroad

Many of the largest pharmaceutical firms operating in India are contemplating becoming "paper tigers," existing there only on paper, with facilities moved to other countries. Regulatory delays get the blame.

Biocon's Syngene to build a plant in India

Biocon has discussed the need to sell off 10% to 15% of the company's research services arm Syngene through an initial public offering to raise needed cash for research as well as to pay for production expansion. Now the Indian company has notified investors that Syngene will build a new active pharmaceutical ingredient plant in Mangalore.

India's Biocon said to mull Syngene restructure and IPO in next two months

Rumors have it that Biocon plans to sell some of its research-services business, Syngene International, and file for an initial public offering for Syngene within the next two months.

First off the blocks, Natco gets India's regulatory nod for hep C copy

India's Natco Pharma said that it has received Indian regulatory approval to locally sell its generic version of Sovaldi, the hepatitis C treatment that costs $1,000 a day in the U.S., making it the first Indian license holder to do so and allowing it to set a bar on pricing in India and onto emerging markets.

India's Biocon keeps many irons in the fire, Malaysian plan on schedule

India's Biocon held a busy earnings call on Jan. 23 that highlighted extensive spending on research and keeping several deals rolling, though tight-lipped on a possible license to make Gilead's chronic hepatitis C products and said it will sell a 10% to 15% stake in its research services arm Syngene through an initial public offering.

Biocon to build new plant in Vizag, India

Biocon intends to build a new facility in Vizag, India, for manufacturing insulin products. It is a turnabout for the Indian company, which went to Malaysia with its first insulin facility, in part, over concerns that India was falling behind in providing dependable infrastructure to the pharma industry.