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Biomm's Nova Lima production facility is dedicated to the development, manufacture, and commercialization of complex biotech and biosimilar medicinal products.
The application for Liraglutide was filed by Biocon through its European partner, Zentiva.
Indranil Sen has resigned to seek possibilities outside of the organisation.
As part of the agreement, around 430 people from the company are scheduled to migrate to Eris.
Under the terms of the agreement, the product may be introduced in the US in February 2025 after receiving FDA approval.
The penalty of ₹3,03,78,465 was imposed on February 22, 2024, by the Deputy Commissioner of Commercial Taxes, Divisional GST Office, Bangalor
Recommendation: Reduce; Target price: ₹225
The company's revenue from operations surged by 34.4% to ₹3,953.7 Crore compared to the previous year.
The company's revenue from operations experienced robust growth, increasing by 34.4% to ₹3,953.7 Crore compared to the previous year
Biocon was trading on the BSE at ₹295.15 at 9:29 a.m., down ₹3.60, or 1.21 %.
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www.indiainfoline.com is part of the IIFL Group, a leading financial services player and a diversified NBFC. The site provides comprehensive and real time information on Indian corporates, sectors, financial markets and economy. On the site we feature industry and political leaders, entrepreneurs, and trend setters. The research, personal finance and market tutorial sections are widely followed by students, academia, corporates and investors among others.
Copyright © IIFL Securities Ltd. All rights Reserved.
Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213, IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248
This certificate demonstrates that IIFL as an organization has defined and put in place best-practice information security processes.