Biocon Biologics refinances US$ 1.1 billion debt through USD bonds, new syndicated facility
US$ 800 million senior secured notes, the largest high yield debut USD bond issuance from India in the last 10 years
US$ 800 million senior secured notes, the largest high yield debut USD bond issuance from India in the last 10 years
The Notes shall not be offered or sold in India
Glenmark Pharmaceuticals Limited has informed that the USFDA has issued Form 483 with zero observations
India's bio economy has experienced remarkable growth, skyrocketing from US $10 billion in 2014 to over $130 billion in 2024, with projections to reach $300 billion by 2030
This strong performance was primarily on account of a one-time gain from the strategic collaboration between Biocon Biologics and Eris Lifesciences.
EBITDA for the quarter stood at Rs 964 crore, representing an EBITDA margin of 24%
Tacrolimus is an immunosuppressant used in the treatment of organ transplant patients
Biocon will undertake the development, manufacturing and supply of the drug product, and Biomm will be responsible for obtaining regulatory approval and commercialization in the Brazilian market
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