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Biocon reports more than double revenue from Biologics in Q2FY19

26 Oct 2018 Evaluate

Biocon has reported more than double revenue from the Biologics segment, comprising Novel Biologics and Biosimilars, at Rs 367 crore in Q2FY19. The growth was driven by the commercial launch of biosimilar Pegfilgrastim in the US and strong sales of Insulins as well as biosimilar MAbs in key emerging markets.

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. 1782.00
Dr. Reddys Labs. 1208.00
Cipla 1334.00
Lupin 2010.00
Zydus Lifesciences 1138.50
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