Biocon inches up as its arm gets DCGI’s nod for emergency use of CytoSorb to treat critical Covid-19 patients

Biocon Ltd. | Pharmaceuticals & Drugs | Healthcare | BSE: 532523 | NSE: BIOCON

27 May 2020 Evaluate

Biocon is currently trading at Rs. 358.80, up by 0.20 points or 0.06% from its previous closing of Rs. 358.60 on the BSE.

The scrip opened at Rs. 358.60 and has touched a high and low of Rs. 363.10 and Rs. 357.50 respectively. So far 11648 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 367.80 on 20-Apr-2020 and a 52 week low of Rs. 211.30 on 20-Aug-2019.

Last one week high and low of the scrip stood at Rs. 363.10 and Rs. 345.00 respectively. The current market cap of the company is Rs. 43032.00 crore.

The promoters holding in the company stood at 60.67%, while Institutions and Non-Institutions held 22.30% and 17.03% respectively.

Biocon’s subsidiary -- Biocon Biologics has received the Drugs Controller General of India’s (DCGI) approval for an extracorporeal blood purification (EBP) device CytoSorb to reduce pro-inflammatory cytokines levels in confirmed COVID-19 patients admitted to the intensive care unit (ICU) with confirmed or imminent respiratory failure.

Biocon Biologics has been granted licence for emergency use of CytoSorb in public interest by the Indian health regulator to treat COVID-19 patients who are 18 years of age or older. The licence will be effective until control of the COVID-19 outbreak in the country.

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.

Biocon Share Price

380.55 -2.05 (-0.54%)

08-May-2026 16:59 View Price Chart

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