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Biocon provides update on subsidiary - Syngene International

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Capital Market
Last Updated : Dec 14 2016 | 12:02 AM IST

Intimates of fire incident at a Laboratory building of Syngene

Biocon announced that there was a fire on the night of 12 December 2016 within one of the laboratory buildings at Syngene International, a subsidiary of the Company. The fire has since been brought under control and there has been no loss of life or any injury reported. Syngene is in the process of assessing the extent of damage to the building and equipment and also implementing a business continuity plan to minimize impact on operations.

Other facilities at Syngene are not impacted and continue to operate as normal.

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First Published: Dec 13 2016 | 1:19 PM IST

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