Bio­con to hive off biosim­i­lars busi­ness

India Business Journal - - NEWS ROUND-UP -

have said that they would not back the pro­ject. Adani and Downer have agreed to can­cel all let­ters of award for mine ser­vices and re­lated in­fra­struc­ture. Biotech­nol­ogy com­pany Bio­con has said that it has re­ceived share­hold­ers' ap­proval to the res­o­lu­tion for trans­fer of its biosim­i­lars busi­ness by way of a slump sale to group en­tity Bio­con Bi­o­log­ics In­dia. "The res­o­lu­tion for trans­fer of Biosim­i­lars busi­ness of the com­pany by way of a slump sale as a go­ing con­cern to Bio­con Bi­o­log­ics In­dia has been passed by the mem­bers of the com­pany with req­ui­site ma­jor­ity," Bio­con has said.

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