India's Serum Institute to double investment in Biocon Biologics to $300m

India's Serum Institute to double investment in Biocon Biologics to $300m

Biocon Chairperson Kiran Mazumdar-Shaw. Photo: Reuters

Serum Institute of India, which is the world’s biggest vaccine maker, is set to ramp up its investment in one of Biocon’s subsidiaries to $300 million (Rs 2,458 crore).

Edited by: Joymitra Rai