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Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
Last Tuesday, we wrote on Kiran Mazumdar Shaw and the future of her Bengaluru-based biopharmaceutical company Biocon. If you haven’t read that piece, we’d recommend you do.
In that story, we pointed out that Biocon Biologics, the company’s biologic drugs division, is the only Indian company that has permission from the US Food and Drug Administration to sell a portfolio of biosimilars in their country. It also has permission to sell biosimilars in Europe, Japan and Australia. Biocon’s focus on biosimilars over the past decade has now placed it in a prime position to take advantage of one of …
The drugmaker’s reluctance to part with cash may have given it one of the strongest balance sheets in Indian pharma, but investors are increasingly rewarding risk takers.
Once a stock market darling, the pharma company is bearing the brunt of a costly acquisition.
The stock market has taken note of the company’s ambitious plans in the domestic market. But the path ahead is far from easy.
