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Government clears Biocon’s Rs 1060 crore proposal for setting up pharmaceutical plant

26 May 2016 Evaluate

Karnataka government has cleared proposal of Biocon’s Rs 1060 crore investment for setting up a pharmaceutical plant. The proposed plant will manufacture injectables, monoclonal, and anti-bodies vaccines and will generate jobs to 700 people. The plant will be set up at Jigani in Anekal taluka.

Biocon is India’s largest and Asia’s leading Biotechnology Company with a strategic focus on biopharmaceuticals and research services. It is a fully integrated, innovation-driven biopharma enterprise offering affordable solutions for chronic diseases to patient's worldwide.

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