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Serum & Biocon Biologics agree to Restructure Equity Investment

Biocon Biologics Ltd and Serum Institute of Life Sciences have reached an agreement to withdraw from the original equity structure contemplated under their Strategic Alliance announced in Sep, 2021. ....

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Serum Institute to invest $300 mn in Biocon's unit, provide access to 100 mn vaccine doses annually

Serum Institute of Life Sciences has announced to double up its investment in Biocon s unit to $300 million. With this, Biocon s unit will also get access to SILS 100 million vaccine doses annually ....

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SILS To Invest 150 Mn More Into Biocon Biologics

SILS To Invest 150 Mn More Into Biocon Biologics
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Biocon-Serum deal: Serum to double investment in Biocon's unit to $300 million

Serum Life Sciences would make an additional equity investment of $150 million through the conversion of the $150 million loan provided to Biocon Pharma Limited. ....

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Serum Life Sciences to make additional $150 million funding in Biocon Biologics

This investment is in addition to the $ 150 million that SILS had invested in Biocon Biologics in November 2022, resulting in SILS’s aggregate equity investment in BBL amounting to $300 million. ....

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