Biocon, Ltd. and the Serum Institute of India Pvt. Ltd. are combining forces in a multi-pronged alliance spanning vaccines and also antibodies targeting several infectious diseases as they seek to build scale in these businesses and have a significant impact globally, particularly across emerging markets.
Biocon-Serum Combine Forces, mRNA Opportunities On Radar
Investments In Vaccine Supply Chain Likely
Serum to hold 15% in Biocon arm Biocon Biologics as part of a broad alliance that expects to leverage the partners' strengths and resources in vaccines and biologics. Pursuing opportunities based on the hot mRNA technology platform appears firmly on the table.
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