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Corporate Structure

The Biocon Group's corporate structure comprises of Biocon Limited (the Holding Company) and its five subsidiaries, Syngene International Limited, Bangalore; Clinigene International Limited, Bangalore; and AxiCorp GmbH, Germany. The Biocon Group also has one joint venture company - Biocon Biopharmaceuticals Private Limited, Bangalore and Biocon Research Limited, NeoBiocon FZ LLC, Abu Dhabi.

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Syngene International Limited

Syngene International Limited is a Bangalore based Custom Research Company that was established as a 99.99% owned subsidiary of Biocon Limited. The company was incorporated on November 18, 1993. The paid-up capital of Syngene International Limited as on March 31st, 2010 is Rs. 28,750,000.

Clinigene International Limited

Clinigene International Limited is a Bangalore based Clinical Research Company that was established as a 100% owned subsidiary of Biocon Limited. The company was incorporated on August 4, 2000. The paid-up capital of Clinigene International Limited as on March 31st, 2010 is Rs. 500,000.

AxiCorp GmbH

AxiCorp GmbH is a Friedrichsdorf (Germany) based pharmaceutical marketing company and is amongst the fastest growing in Europe. Biocon Limited acquired a majority stake in AxiCorp GmbH (78%) in 2008. As on December 31st 2010, the subscribed capital of AxiCorp is € 248,000.

Biocon Biopharmaceuticals Private Limited (BBPL)

BBPL was set up in 2002 as a Joint Venture company of Biocon Limited in collaboration with CIMAB SA, Cuba. Biocon’s equity participation in this joint venture was 51%. In March 2010, Biocon Limited acquired CIMAB’s 49% stake via its subsidiary Biocon SA. BBPL is now a wholly-owned subsidiary of Biocon Limited. The paid-up capital of BBPL as on March 31st 2010 is Rs. 176,000,000.

Biocon Research Limited (BRL)

Biocon Research Limited was established in 2008 as a 100% owned subsidiary of Biocon Limited. The paid-up capital of BRL as on 31st March 2010 is Rs. 5,00,000.

NeoBiocon FZ LLC

NeoBiocon FZ LLC. is a research and marketing pharmaceutical company based in Abu Dhabi. Incorporated in January 2008, NeoBiocon is a 50:50 joint venture with Dr. B.R.Shetty, Managing Director of NeoPharma, Abu Dhabi. The paid up capital of NeoBiocon as on March 31st, 2010 is AED 300,000.

 

 
     
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