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Biocon gains on UK health agency's marketing nod to subsidiary for ophthalmic biosimilar

Earlier in this month, Eris Lifesciences has signed a definitive agreement with Biocon Biologics to acquire its Branded Formulations’ India (BFI) business units of nephrology and dermatology. ....

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Eris acquires nephrology, dermatology brands of Biocon for Rs 366 crore

The deal will be funded partly through debt financing. The transaction is expected to achieve financial closure by the end of 2023. ....

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