Biocon Ltd - Company Profile
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Biocon Ltd (Biocon) is a biopharmaceutical company that focuses on the research and development of therapies for the treatment of chronic conditions such as cancer, diabetes and autoimmune diseases. It offers a range of active pharmaceutical ingredients (APIs), branded formulations, complex biologics and biosimilars including monoclonal antibodies (MAbs), rh-Insulin, and insulin analogs. The company also provides services including contract manufacturing, drug licensing, research, development and manufacturing of small and large molecules for biotechnology and pharmaceutical companies across the world. It has a manufacturing facility and R&D center at BioXcell, Malaysia. It operates overseas offices in the UK, Ireland, the US, Switzerland, the UAE, and Malaysia. Biocon is headquartered in Bangalore, Karnataka, India.
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Products and Services
Products | Services | Brands |
---|---|---|
Generics: | Drug Licensing Services | InsuPen |
Generic Formulations | Research and Development | BioMAb EGFR |
Active Pharmaceutical Ingredients (APIs) | Contract Manufacturing Services | Nufil safe |
XYZ | XYZ | |
XYZ | XYZ | |
XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
Year | Event | Description |
---|---|---|
2024 | Contracts/Agreements | In April, the company entered into an agreement with Biomm to produce and supply Semaglutide (gOzempic). |
2024 | Contracts/Agreements | In March, Biocon Biologics entered into an agreement to sell its Indian branded formulations businesses to Eris Lifesciences for US$150 million. |
2024 | Contracts/Agreements | In February, Biocon Biologics entered into a five-year partnership with Sandoz AG to give Sandoz the exclusive rights to promote, sell, and distribute biosimilar Trastuzumab and biosimilar Bevacizumab in Australia. |
Competitor Comparison
Key Parameters | Biocon Ltd | Sun Pharmaceutical Industries Ltd | Dr. Reddy's Laboratories Ltd | Piramal Enterprises Ltd | Morepen Laboratories Ltd |
---|---|---|---|---|---|
Headquarters | India | India | India | India | India |
City | Bangalore | Mumbai | Hyderabad | Mumbai | New Delhi |
State/Province | Karnataka | Maharashtra | Telangana | Maharashtra | Delhi |
No. of Employees | 3,408 | 41,000 | 24,832 | 12,220 | 1,649 |
Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
Name | Position | Board | Since | Age |
---|---|---|---|---|
Kiran Mazumdar-Shaw | Chairman | Executive Board | 2020 | 70 |
Siddharth Mittal | Chief Executive Officer; Managing Director; Director | Executive Board | 2019 | 45 |
Peter Bains | Chief Executive Officer - Group | Senior Management | 2023 | - |
M. B. Chinappa | Chief Financial Officer - Biocon Biologics | Senior Management | 2019 | - |
Jonathan Hunt | Chief Executive Officer; Managing Director - Syngene International | Senior Management | - | - |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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