MoneyWorks4Me

Biocon targeting $1 billion revenue by FY19

11 Sep 2017 Evaluate

Biocon is targeting $1 billion revenue by the next fiscal and is betting big on small molecules and generic formulations, biosimilars, branded formulations and research services. The Bengaluru-based firm, which has been chasing the target since 2011, has identified these verticals as its key focus areas. The company had posted a revenue of Rs 4,078.7 crore in 2016-17.

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.



Peers
Company Name CMP
Sun Pharma. Inds. 1784.25
Dr. Reddys Labs. 1197.35
Cipla 1335.60
Lupin 2012.00
Zydus Lifesciences 1141.00
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