News
Biocon to Integrate Biocon Biologics to Create a Unified Global Biopharmaceutical Leader
This integration enables Biocon to harness the combined strengths of its generics and biosimilars businesses across 120+ countries. Biocon Biologics ranks among the Top 5 global biosimilar players by revenue, with 10 commercialized products across key markets, while Biocon’s generics business offers over 90 products.
Global biosimilars market to reach Rs 73 billion in 2030 predicts Fortune Business Insights
A biosimilar is a biological medicine highly similar to another already approved biological medicine (the 'reference medicine'). Biosimilars are approved according to the same standards of pharmaceutical quality, safety and efficacy that apply to all biological medicines.
TruAlt Sumitomo to collaborate to produce Compressed Biomethane Gas in India
Japan based Sumitomo Corporation has agreed to acquire a portion of the shares of Bengaluru-based TruAlt Gas Pvt Ltd, a subsidiary of TruAlt BioEnergy and enter into a strategic collaboration with the Indian company.
