Biocon has raised Rs 2,250 crore through Commercial Papers (CP) on private placement basis on November 23, 2022. Date of maturity of said Commercial Papers will be February 22, 2023. The company had received approval from board of directors on November 14, 2022 for the same.
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.