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Board of Biocon approves transfer of biosimilars business to Biocon Biologics

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At meeting held on 21 August 2017

The Board of Biocon at its meeting held on 21 August 2017 has approved the following -

Transfer of Biosimilars business of the Company by way of a slump sale as 'going concern' to Biocon Biologics India, a step down subsidiary of the Company subject to approval of shareholders of the company and other statutory and regulatory approvals.

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First Published: Aug 21 2017 | 10:37 PM IST

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