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Biocon approves plan to raise $527 millionRecently, Biocon Biologics had inked a settlement and licensing pact with Regeneron, paving the way to commercialise its biosimilar product Yesafili in the US.
Reuters
Last Updated IST
<div class="paragraphs"><p>Biocon logo</p></div>

Biocon logo

Credit: DH File Photo

Biopharma firm Biocon said on Wednesday it will raise funds worth up to $527.3 million) via issue of securities, which may include debt and selling shares to institutional investors.

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Recently, Biocon Biologics had inked a settlement and licensing pact with Regeneron, paving the way to commercialise its biosimilar product Yesafili in the US.

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(Published 23 April 2025, 20:38 IST)