Biocon opens book for Syngene IPO

Indian pharma company spins off contract research arm, hoping markets will regain a solid footing after Monday's sharp fall.
Markets in need of careful handling
Markets in need of careful handling

Indian pharma company Biocon launched a Rs5.28 billion to Rs5.5 billion ($82.2 million to $85.7 million) initial public offering in its clinical research arm Syngene International on Monday.

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