Published On:May 21 2024
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Biocon Announces ₹2,200 Crore Capital Investment Over Next Two Years

Biocon Announces ₹2,200 Crore Capital Investment Over Next Two Years

Bengaluru-based biopharmaceutical company Biocon Limited has announced its Q4 FY24 results, reporting a significant 56.7% decline in consolidated profits, which fell to ₹135.5 crore from ₹313.2 crore in the same quarter last year. Siddharth Mittal, CEO & Managing Director of Biocon Limited, discussed the performance and future outlook of the company's three main business segments—Biosimilars, Generics, and Research Services—in an interview with businessline. Mittal elaborated on the strategic roadmaps planned for each segment to address current challenges and drive future growth.

HBL





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