Last month I had been to Bio partnering India conference held in Hyderabad and there while having a tea break conversation A woman in Senior position in Bangalore based pharma company was talking to me about how Kiran went on to establish Biocon with UB group stakes and she had to face a lot of things while establishing Biocon as a entity. I felt that the show was Biocon event.
There in the conference Kiran presented Biocon vision and mission and then there was brief introduction to BMS- Biocon collaboration, BMS collaboration has helped Biocon create world class drug discovery excellence and will help it to further establish collaboration with Pfizer and the rest in Top 20 . As Astra and GSK already have their operations in Asia and Merck is establishing its drug discovery spin of operations in India this year thus these companies might not follow game plan of out sourcing.
Biocon latest move was insulin supply collaboration with world's largest life sciences company Lifetech subsidiary Invitrogen and largest pharma manufacturer Pfizer.
Yesterday Biocon has announced investment in Malaysia based Biotech Company so that later this assets investment will help it to penetrate better in the APAC region.
