The Biocon Chairperson revealed that the company has been exploring equity investment options as part of its strategy to reduce debt levels. This follows Biocon’s strong focus on efficiency, growth in the biosimilars sector, and upcoming expansion plans.
Shaw, a pioneer in India's biotechnology sector, highlighted Biocon’s strategic positioning to capitalise on the US Bio Secure Act, which offers significant opportunities for Indian pharmaceutical firms. Shaw also underscored her long-term vision of building Biocon into a global pharmaceutical powerhouse that will not succumb to sellout pressures.
#bioconsharenews #biocon #bioconshare #fundraise #qip #stockmarket #stockmarketnews #stockmarketupdates #cnbctv18 #businessnews #businessnewstoday #businessnewsinenglish #sharemarkettoday
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