Biocon Biologics CEO Makes Surprise Exit

Retired Company Veteran Chandavarkar Back At Helm

The CEO of Biocon’s biosimilars subsidiary has unexpectedly departed the role. Management stresses there is no disruption to its "strategic intent", but COVID-19 has "dampened" the arm’s push to reach its aspirational $1bn revenue target by 2022.

Cubes with CEO
Biocon Biologics CEO Departs Over Professional Differences WIth Chair • Source: Shutterstock

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