Biocon nears full integration of biologics business after Mylan buyback

The Bengaluru-based company on 14 January said it raised $460 million via a QIP of shares to buy out Mylan Inc’s (Viatris) stake in its arm Biocon Biologics. Days later, it announced the acquisition of the remaining shares from Mylan for $200 million.

Biocon nears full integration of biologics business after Mylan buyback
The Bengaluru-based company on 14 January said it raised $460 million via a QIP of shares to buy out Mylan Inc’s (Viatris) stake in its arm Biocon Biologics. Days later, it announced the acquisition of the remaining shares from Mylan for $200 million.

What's Your Reaction?

like

dislike

love

funny

angry

sad

wow

DDP Editor Admin managing news updates, RSS feed curation, and PR content publishing. Focused on timely, accurate, and impactful information delivery.