Serum Institute to double its investment in Biocon unit to $300 million
Serum Institute Life Sciences will now double its investment in Biocon Biologics from $150 million that was announced earlier in 2021 to $300 million.
Source: businesstoday.in
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Serum Institute to invest $300 mn in Biocon's unit, provide access to 100 mn vaccine doses annually
Serum Institute of Life Sciences has announced to double up its investment in Biocon's unit to $300 million. With this, Biocon's unit will also get access to SILS' 100 million vaccine doses annually
Source: livemint.com
Biocon-Serum deal: Serum to double investment in Biocon's unit to $300 million
Serum Life Sciences would make an additional equity investment of $150 million through the conversion of the $150 million loan provided to Biocon Pharma Limited.
Source: moneycontrol.com
Serum Life Sciences to make additional $150 million funding in Biocon Biologics
This investment is in addition to the $ 150 million that SILS had invested in Biocon Biologics in November 2022, resulting in SILS’s aggregate equity investment in BBL amounting to $300 million.
Source: freepressjournal.in
Serum Institute of India invests $150 M more into Biocon Biologics
Serum & Biocon Biologics agree to restructure equity investment
Source: biospectrumindia.com