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Motilal Oswal Report
We hosted a meeting with the management of Biocon Biologics Ltd. to get a detailed perspective on the company’s strategy.
Here are the key insights from our discussion -
On the base of $350 million in the past 12 months, Biocon plans to reach $1 billion in sales in its Biologics division by FY22.
This would be driven by increased capacity utilisation/ramp-up in the market share of already commercialized biosimilar products (Pegfilgrastim/Trastizumab) in the U.S./Europe and Most of the World markets.
This would be complemented by the recently launched Insulin Glargine.
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