Biocon to list IVFA-backed India CRO unit
Indian biopharmaceutical firm Biocon has filed for an IPO for its research arm Syngene International, which is backed by India Value Fund Advisors (IVFA).
According to a filing, Biocon will offer up to 22 million of its own shares for sale, comprising 11% of the company, with two million shares reserved for existing shareholders. The company will not issue...
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