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Biocon

Kiran Mazumdar-Shaw, Executive Chairperson of Biocon and Syngene International

Kiran Mazumdar-Shaw Has Recombined Biocon. The Biosimilars Bet Must Now Generate Cash

Biocon’s structure is finally catching up with the global biosimilars business Kiran Mazumdar-Shaw assembled. Stronger margins and falling leverage are encouraging, but dilution, price competition and manufacturing execution remain material tests.