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Tag Archive for 'biocon'

Biocon Announces Q4 Figures – Rs. 97.8 Crore Profits

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Biocon pharmaceuticals, one of India’s pharmaceutical major has reported 3% less profits at Rs.97.8 crore for Q4 of FY 2012 which ended on March 31st; main reason being zero licensing income during this quarter. Company’s revenues though showed a positive trend with an increase by 25% in the quarter to Rs.611.5 crore from Rs.487.9 crore […]

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Biocon And Pfizer Cancel Rs.1350 Crore Insulin Deal

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World’s largest drug producer company Pfizer called off the deal of selling $350 million (Approx Rs. 1350 Crore) insulin to Indian Biotech Company, Biocon’s insulin products globally. In a statement from the company, Pfizer declared that they are going to launch their own insulin drug, while Biocon demanded it to be launched in an alliance. […]

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