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Biocon bets on US, EU mkts for growth
Mint Kolkata
|August 09, 2025
Biocon Biologics Ltd, the biosimilars unit of biopharmaceutical giant Biocon and its largest revenue driver, expects to accelerate growth after posting a strong first quarter, said a top company executive.
The firm's revenue rose 18% year-on-year to ₹2,458 crore, and ebitda rose 36% on a like-for-like basis to ₹645 crore in the June quarter, while ebitda margin expanded to 26% during the quarter. "Growth this quarter has come from North America and Europe, in both advanced markets, primarily on our oncology franchise," chief executive officer Shreehas Tambe to
This story is from the August 09, 2025 edition of Mint Kolkata.
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