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India's Serum Institute to double investment in Biocon Biologics

Serum Institute of India, which is the world’s biggest vaccine maker, is set to ramp up its investment in one of Biocon’s subsidiaries to $300 million.

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India's Serum to double investment in Biocon's unit to $300 million

The Serum Institute of Life Sciences will double its investment in one of Biocon Ltd's units, giving it access to 100 million doses of vaccines annually along with the distribution rights to... | April 25, 2023

India , Bengaluru , Karnataka , Rama-venkat , Nivedita-bhattacharjee , Biocon-biologics , Biocon , Serum-institute-of-life-sciences , Biocon-pharma-ltd , Serum-institute-of-india , Biocon-biologics-ltd , Serum-institute

Serum & Biocon Biologics agree to Restructure Equity Investment

Biocon Biologics Ltd and Serum Institute of Life Sciences have reached an agreement to withdraw from the original equity structure contemplated under their Strategic Alliance announced in Sep, 2021.

Karnataka , India , Biocon-biologics , Strategic-alliance , Biocon , Biocon-biologics-limited , Biocon-pharma , Wholly-owned-subsidiary-of-biocon , Serum-life-sciences , Serum-institute-of-life-sciences , National-company-law-tribunal , Restructure-equity

SILS To Invest 150 Mn More Into Biocon Biologics

SILS To Invest 150 Mn More Into Biocon Biologics
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Serum Institute To Double Investment In Biocon's Unit To $300 Million

The Serum Institute of Life Sciences will double its investment in one of Biocon Ltd's units, giving it access to 100 million doses of vaccines annually along with the distribution rights to Serum's vaccine portfolio, the Indian biopharma firm said today.

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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

India , Karnataka , Biocon-biologics , Serum-institute-of-india , Strategic-alliance , National-company-law-tribunal , Biocon , Serum-institute-of-life-sciences , Serum-life-sciences , Biocon-ltd , Biocon-biologics-ltd , Biocon-pharma

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.

Karnataka , India , Biocon-biologics , Biocon-biologics-limited , Strategic-alliance , Biocon-pharma , Wholly-owned-subsidiary-of-biocon , Serum-institute-of-life-sciences , Serum-life-sciences , National-company-law-tribunal , Biocon , Serum-institute