Greater SCO synergy will foster economic development, say experts By XIE CHUANJIAO in Qingdao, Shandong | China Daily | Updated: 2021-04-30 09:08 Visitors look at exhibits at the 2021 SCO International Investment and Trade Expo in Qingdao, Shandong province. [Photo/Xinhua]
Enhanced efforts to boost cooperation among the Shanghai Cooperation Organization member states will boost economic development in the region, officials and experts said.
The SCO, which is celebrating its 20th anniversary this year, has become an important platform for bilateral and multilateral trade and economic cooperation, and is now a leading global economic development center, Vladimir Norov, secretary-general of the SCO, said during the opening ceremony of the 2021 SCO International Investment and Trade Expo held in Qingdao, Shandong province.
Just 10 countries have acquired nearly three-quarters of all doses China and the US alone account for about 50 per cent of all the doses given out, while the entire continent of Africa has received only 2 per cent of jabs.Arou
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Biocon posts profit of ₹254 crore for Q4
April 29, 2021
Performance driven by biosimilars, research services and generics businesses
Global biopharma company Biocon Limited has posted 106.50 per cent profit for the fourth quarter (Q4) of FY 2020-21 on a consolidated basis, at ₹254 crore as against ₹123 crore posted last year, driven by biosimilars, research services and generics businesses.
The company’s revenues are higher by 26 per cent, at ₹2,044 crore as against ₹1,621 crore in the same period last year.
The company has gained ₹160 crore arising on the fair valuation of Bicara Therapeutics Inc (Bicara) due to loss of control from subsidiary to associate reported under ‘other income’ for the quarter.