Home Finance Biocon arm options in Asia IP Elite record

Biocon arm options in Asia IP Elite record

Hyderabad Biocon Biologics Restricted, a subsidiary of Bengaluru primarily based Biocon Restricted on Friday introduced that the corporate has featured on the Asia IP Elite record for 2022 by Mental Asset Administration (IAM). Biocon is recognised for its Mental Property (IP) administration and IP worth creation within the Asia-Pacific area.

Biocon Biologics’ IP workforce was honoured on the newest version of the IP Enterprise Congress Asia, which is hosted by Mental Asset Administration (IAM), the publishers of the main IP journal, IAM. 80 organisations from the Asia-Pacific areas featured on this yr’s occasion, which was organised after a spot of two years.

Biocon acknowledged it was the primary and solely pharmaceutical firm from India to be featured on the Asia IP Elite record in 2016. Biocon Biologics debuted on the record in 2019. That is the fifth consecutive yr {that a} Biocon Group firm has made it to the Asia IP Elite record. IAM recognises corporations throughout the Asia-Pacific areas that display a sustained dedication to constructing best-in-class in-house IP features and steady excellence in IP worth creation.

Shreehas Tambe, deputy CEO, Biocon Biologics mentioned, “This recognition is an endorsement of the Biocon Group’s dedication in direction of innovation and worth creation for its stakeholders. Biocon and its subsidiaries have a powerful observe report of producing IP with over 1,000 granted patents for biologics until date.”

Biocon Biologics is leveraging its strong in-house Mental Property (IP) technique and capabilities to allow early entry of biosimilar merchandise to fulfill affected person wants in international markets, Tambe additional added.

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