Biocon expects stronger FY27 second half after US biosimilar launches
Biocon expects a stronger second half of FY27 as US biosimilar launches start contributing meaningfully to revenue. In its June quarter, consolidated revenue rose 10% to ₹4,336 crore. CEO Shreehas Tambe cited momentum from multiple launches and said US regulator moves away from mandatory phase-3 efficacy trials favor analytical and PK studies, with phase-3 waivers already received, while R&D stays near 7% of revenue.