Signage for Biocon Ltd. is displayed at the company’s campus in Bengaluru, India. (Photographer: Dhiraj Singh/Bloomberg)

Biocon To Spin Off, List Biologics Unit In Future

Biocon plans to hive off and list its biologics vertical to meet capital needs and limit borrowings.“We have clearly indicated that the biologics business will be spun off into a full-fledged subsi...