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Biocon’s Growth Rides On FDA Site Inspection Outcomes After Muted Q2

Biosimilars Was The Only Business Segment To Report Increased YoY Sales

 
• By Urtė Fultinavičiūtė

After under-delivering on already muted expectations, Biocon's optimistic future was overshadowed by pending FDA inspection outcomes on two of its facilities.

Person jumping over a hole, depicting financial volatility
(Shutterstock)

Despite the biosimilars business reporting increased quarterly sales, further success for Biocon depends on the outcome of the US Food and Drug Administration’s site inspections, analysts say.

Biocon Biologics reported sales of INR21.8bn ($259.2m) in Q2 FY2025, which was an 11% year-on-year increase

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