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Biocon in demand as its arm enters into collaborative clinical research agreement with PBI

21 Dec 2011 Evaluate

Biocon is currently trading at Rs 266.90, up by 11.00 points or 4.30% from its previous closing of Rs 255.90 on the BSE.

The scrip opened at Rs 261.10 and has touched a high and low of Rs 269.50 and Rs 256.25 respectively. So far 108160 shares were traded on the counter.

The BSE group 'A' stock of face value Rs 5 has touched a 52 week high of Rs 430.50 on 04-Jan-2011 and a 52 week low of Rs 240.10 on 20-Dec-2011.

Last one week high and low of the scrip stood at Rs 288.15 and Rs 240.10 respectively. The current market cap of the company is Rs 5118.00 crore.

The promoters holding in the company stood at 60.91% while Institutions and Non-Institutions held 15.71% and 23.37% respectively. 

India's largest biotech company, Biocon’s subsidiary - Clinigene International has entered into a collaborative clinical research agreement with Pacific Biomarkers Inc. (PBI), a Seattle, WA-based limited liability company. The agreement is to address the specialty biomarker and high end clinical trial laboratory needs of the global pharmaceutical and biotechnology industry.

Clinigene, is an India-based clinical research organization (CRO) that offers end-to-end clinical and laboratory services for accelerating clinical research, and Pacific Biomarkers Inc. (FBI), is a Seattle, WA-based company that provides premier biomarker and specialty efficacy testing services to the drug development industry.

Biocon is Asia’s leading R&D based Biotechnology Company. It produces anti-diabetic agents like Acarbose, Pioglitazone, Repaglinides and Rosiglitazone. In the biological segment it produces Insulin, Erythropoietin (EPO), Filgrastim (GCSF), Streptokinase and Monoclonal Antibodies. The drug major also produces mycophenolate mofetil, sirolimus and tacrolimus.

Biocon Share Price

380.55 -2.05 (-0.54%)
08-May-2026 16:59 View Price Chart
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