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Biocon Limited: A Pioneer in Indian Biopharmaceuticals Biocon Limited, founded in 1978 by Kiran Mazumdar-Shaw, has established itself as a leading biopharmaceutical company based in Bengaluru. Its operations span a global reach, with generic active pharmaceutical ingredients (APIs) distributed acros...
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- Company type Public
- Founded 1978 (47 years ago) (1978)
- Founders Kiran Mazumdar-Shaw
- Headquarters Bangalore, Karnataka, India
- Key people Kiran Mazumdar-Shaw (executive chairperson), Peter Bains (Group CEO), Siddharth Mittal (CEO & (CEO &
- Revenue ₹15,621 crore (US$1.8 billion) (FY24)
- Net income ₹1,030 crore (US$120 million) (FY24)
- Number of employees 16,545 <small>(March 2023)</small>
- Subsidiaries Biocon Biologics, Syngene International
- Website www.biocon.com
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Biocon history
Last Updated : 17/03/25, 05:12 AM
Biocon: A Journey in Biopharmaceutical Innovation Founded in 1978 by Kiran Mazumdar-Shaw with a modest US$10,000, Biocon quickly established itself as a pioneer in the Indian biotechnology sector. Early successes included becoming the first Indian company to export enzymes to the US and Europe (1979...
BIOCON NEWS
Biocon set to seek USFDA approval for biosimilars
February 08, 2016 3:03 am
Biosimilars are copies of biological drugs with same safety and efficacy as original products. The addressable market for Biocon in these countries is more than $30 billion.
Biocon Q2 Net flat at Rs 102 crore
October 22, 2014 1:55 pm
Biotechnology major Biocon today reported a flat growth in its consolidated net profit at Rs 102.05 crore for the quarter...
Biocon Q1 net profit up 9 pct to Rs 103 crore
July 25, 2014 12:56 pm
Biocon's total revenue also rose to Rs 742 crore for the first quarter.
Novartis files patent suit against Biocon over diabetes drug
April 04, 2014 1:13 am
Novartis replaced the top managers at its Japanese unit after a third-party probe found employees had acted questionably in clinical trials on a leukaemia treatment.
Biocon’s breast cancer drug to hit markets next month
January 19, 2014 1:23 am
The company said the drug, which would be manufactured at its biologics facility in Bangalore, will be sold to the patients at a discount.
Biocon inks pact with US-based Quark
December 19, 2013 3:48 am
The company,however,did not disclose financial details.
Biotech aiming to be $100 bn sector by 2025: Biocon chief Kiran Mazumdar-Shaw
November 16, 2013 4:57 pm
Taking this road map is about delivering security including food security,health security,she said.
Biocon sets up centre of excellence,says biotech sector aims $100 bn revenue
November 11, 2013 6:45 pm
Biotechnology major Biocon announced setting up of a centre of excellence for advanced learning
Announcements galore,but no action
March 14, 2014 12:34 pm
Govt has aggressively wooed firms to invest in state,but fate of proposals remains unknown
Biocon launches drug to combat psoriasis
August 11, 2013 12:46 am
Bangalore-based biotechnology company Biocon today announced the launch of a biological drug
