(Reuters) -Indian biopharma firm Biocon said on Wednesday it will raise funds worth up to 45 billion rupees ($527.3 million) via issue of securities, which may include debt and selling shares to institutional investors. ($1 = 85.3420 Indian rupees) (Reporting by Hritam Mukherjee in Bengaluru; Editing by Krishna Chandra Eluri)
Health
India’s Biocon approves plan to raise $527 million
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(Reuters) -Indian biopharma firm Biocon said on Wednesday it will raise funds worth up to 45 billion rupees ($527.3 million) via issue of securities, which may include debt and selling shares to institutional investors.
($1 = 85.3420 Indian rupees)
(Reporting by Hritam Mukherjee in Bengaluru; Editing by Krishna Chandra Eluri)