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Biocon And Eris Strike Indian Deal Over Branded Formulations

The Deal Will See Over 430 Biocon Employees Move To Eris Lifesciences

 
• By Adam Zamecnik

Biocon has announced a deal with fellow Indian pharma firm Eris Lifesciences that involves the sale of its local metabolics, oncology, and critical care products while also transferring its employees.

Two Businessmen Shaking Hands With Flag of India
• Source: Shutterstock

Biocon Biologics has entered into a long-term commercial collaboration deal with pharma company Eris Lifesciences that features the sale of Biocon’s metabolics, oncology, and critical care products in the Indian market, for a total transaction value of INR12.4bn ($149m).

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