Business Standard

Our aim is to be a global leader in biosimilars biz: Biocon Biologics CEO

Margins of biologics stood at 38% in Q1 as compared to 33% in the preceding quarter

Christiane Hamacher, CEO Biocon Biologics
Premium

Christiane Hamacher, CEO Biocon Biologics

Bibhu Ranjan MishraDebasis Mohapatra
Biocon Biologics, being carved out as a subsidiary of Biocon, plans a slew of launches in insulin and oncology space during the second half of this financial year. Its newly appointed CEO CHRISTIANE HAMACHER tells Bibhu Ranjan Mishra & Debasis Mohapatra that biologics' contribution to Biocon's revenue is likely to see an uptick. Edited excerpts:

Biocon reported good Q1 numbers with doubling of revenue from biologics, which now accounts for 32 per cent of your total revenue. How do you see the road ahead? 
We are looking for more contribution of biologics to Biocon group when it comes to revenue and margins.

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Jul 29 2019 | 9:21 PM IST

Explore News

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on business-standard.com are available only to BS Premium subscribers.

Register to read more on Business-Standard.com