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Biocon subsidiary completes acquisition of Viatris for USD 3 billion

Biocon Biologics, a subsidiary of listed biopharmaceutical company Biocon Ltd, on Tuesday announced that it has successfully completed its acquisition of the global biosimilars business of its partner Viatris for USD 3 billion.

World News | Biocon Subsidiary Completes Acquisition of Viatris for USD 3 Billion

Get latest articles and stories on World at LatestLY. According to a statement by the pharma company, Biocon Biologics and Viatris have obtained all applicable approvals from key global regulators including the US Federal Trade Commission, the Competition Commission of India and the Reserve Bank of India, and its investors, respectively. World News | Biocon Subsidiary Completes Acquisition of Viatris for USD 3 Billion.

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