#JustIn | #Biocon Arm gets tentative US FDA nod for Rifaximin tablets in partnership with #CarnegiePharma
🚩Alert: #Rifaximin tablets are antibiotics used to reduce the risk of hepatic encephalopathy recurrence
🚩Alert: #Rifaximin tablets are antibiotics used to reduce the risk of hepatic encephalopathy recurrence
Citi downgrades #Biocon to 'sell' from 'buy', target at ₹360/sh
Adverse biosimilar pricing & change in FDA guidelines may weigh on margin & valuations: Citi
Adverse biosimilar pricing & change in FDA guidelines may weigh on margin & valuations: Citi
#JustIn | #Biocon announces settlement agreement with #Amgen
▶️Amgen settlement agmt clears path for commercialisation of #Denosumab biosimilars in #Europe & RoW
🚩Amgen agmt allows co to commercialise both Denosumab biosimilars in Europe w.e.f Dec 2
▶️Amgen settlement agmt clears path for commercialisation of #Denosumab biosimilars in #Europe & RoW
🚩Amgen agmt allows co to commercialise both Denosumab biosimilars in Europe w.e.f Dec 2
#JustIn | #Biocon to fully integrate #BioconBiologics as its wholly-owned subsidiary, subject to approvals
▶️Co to acquire remaining stake in Biocon Biologics via share swap, valuing it at $5.5 bn
▶️Biocon to acquire Mylan’s (#Viatris) remaining stake for $815 m, including a share swap at Rs 405.78/sh
▶️Integration expected to be completed by March 31, 2026
▶️Board approves swap ratios, & raising up to Rs 4,500 cr ($500 m) via QIP, subject to shareholder approval
▶️Co to acquire remaining stake in Biocon Biologics via share swap, valuing it at $5.5 bn
▶️Biocon to acquire Mylan’s (#Viatris) remaining stake for $815 m, including a share swap at Rs 405.78/sh
▶️Integration expected to be completed by March 31, 2026
▶️Board approves swap ratios, & raising up to Rs 4,500 cr ($500 m) via QIP, subject to shareholder approval
Market News ( Union Budget ) ( RBI Policy ) ( Market Quarterly Results )
#JustIn | Equity Dilution - Up To C. 7.5% Of Pre-Issue Outstanding Equity Share Capital Alert🚩 : The Company Has Allotted; ▶️62 Lk Equity Shares To Tata Capital Growth Fund II ▶️5.5 Cr Equity Shares To Serum Institute Life Sciences Private Limited ▶️1.7…
#JustIn | #Biocon receives Health Canada approval for Denosumab biosimilars
Alert: #Denosumab aids bone health by increasing bone mass & treating osteoporosis
Alert: #Denosumab aids bone health by increasing bone mass & treating osteoporosis
#JustIn | #Biocon Pharma receives Health Canada approval for micafungin for injection Alert: #Micafungin is used for treatment of patients with candidemia
#BlockDeal | Sources Say Block Deal Launched In #Biocon
💊Active Pine Likely To Sell Up To 1.66 Cr Shares (1% Eq) In Co Via Block Deal
💊Active Pine Likely To Sell Up To 1.66 Cr Shares (1% Eq) In Co Via Block Deal