- Business
- Biocon Limited, India's largest biopharmaceutical company headquartered in Bengaluru and founded in 1978 by Kiran Mazumdar-Shaw, develops, manufactures and markets a broad portfolio of generics, biosimilars, novel biologics and branded formulations; its core offerings encompass active pharmaceutical ingredients including cardiovascular, anti-diabetics, immunosuppressants, statins, anti-cancer, anti-fungal and multiple sclerosis therapies; biosimilar insulins such as INSUGEN and BASALOG, monoclonal antibodies like BIOMAb EGFR, CANMAb, ALZUMAb and KRABEVA, alongside formulations in metabolics, oncology, immunotherapy and nephrology including Evertor, TACROGRAF and BLISTO; and contract research services through its listed subsidiary Syngene International. The company operates manufacturing facilities in Bengaluru and Malaysia, with products sold in over 120 countries encompassing the United States, Europe, Japan, Australia and emerging markets including India. Biocon Biologics, its biosimilars subsidiary in which it holds a 90.2% stake, drives much of its advanced biologics pipeline. In recent developments, Biocon Biologics expanded its partnership with Civica in 2025 to launch private-label insulin glargine in the United States; the company raised ₹4,500 crore through a qualified institutional placement in June 2025 to bolster its Biocon Biologics stake and facilitate private equity exits; it explores a potential merger of Biocon Biologics valued at $4.5 billion advised by Morgan Stanley to streamline operations and enhance shareholder value; Biocon announced partnerships such as with Tabuk Pharmaceuticals for commercialization and the acquisition of Eywa Pharma's manufacturing facility as of December 2025; and earlier integrated Viatris' global biosimilars business acquired in 2022 for $3.34 billion.