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    Eris to amass branded formulations of Biocon subsidiary for Rs 1242 crore

    March 14, 2024 - By how finance works

    Biocon Biologics is promoting its branded formulations enterprise to Mumbai-based Eris Lifesciences for Rs 1242 crore.With the deal, Eris will jumpstart its entry into the Rs 30,000+ crore injectables market in India, and purchase two main insulin manufacturers – Basalog and Insugen. This acquisition will even mark Eris’ entry into…

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    What’s ‘pink tax’ Biocon chief complained about?

    March 14, 2024 - By how finance works

    Kiran Mazumdar-Shaw, the founder and government chairperson of Indian Biopharmaceutical Firm Biocon, posted a video on X to protest discriminatory pricing for merchandise used ideally by girls.Mazumdar-Shaw wrote, “Pink Tax! A shameful gender bias that women must respond to by shunning such products.”What’s ‘pink tax’?In keeping with the World Financial…

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Recent Posts

  • Understanding the Components of Working Capital
  • Understanding the Distinction Between Fixed Capital and Working Capital
  • The 8-4-3 Rule of Compounding Explained (Ultimate Guide)
  • What Components Are Included in Public Finance?
  • Understanding CRADJ: What It Means on Your Bank Statement