Market update

Biocon acquires Eywa Pharma’s New Jersey facility for $7.7 million

Biocon Ltd announced the acquisition of Eywa Pharma Inc’s solid oral drug manufacturing facility by its wholly owned subsidiary, Biocon Generics Inc, for $7.7 million. The biotech giant said in an exchange document that the facility in Cranbury, New Jersey, US has the potential to expand capacity by up to two billion tablets or capsules …

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KPI Green Energy receives commissioning certificates from GEDA; shares hit 52-week high

KPI Green Energy’s share price jumped 6% to a 52-week high of Rs 925 in first trading on August 25 after the company received the operating certificate for the solar project- his combined wind. The company has received an operating certificate from the Gujarat Energy Development Authority (GEDA) for its 4.10 MW hybrid wind-solar project …

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