After months of rumors, Biocon has confirmed that its Biocon Biologics unit will acquire the global biosimilars business of Viatris in a deal worth up to $3.3bn.
Biocon Pays $3.3bn For Viatris Biosimilars Business
‘Transformational’ Deal Offers Biocon Portfolio, Pipeline And Global Presence
Biocon Biologics will pay up to $3.3bn to acquire the global biosimilars business of Viatris, in a long-rumored deal that will create a vertically-integrated biosimilars giant with annual sales approaching $1bn.
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