By IANS
New Delhi : Indian biotechnology firm Biocon Ltd Wednesday said they would spend Rs.1 billion ($25.4 million) in the current fiscal ending March 2008 towards strengthening its research and development.
“We plan to invest Rs.1 billion and it has already crossed the halfway mark,” Kiran Mazumdar-Shaw, managing director, told reporters here on the sidelines of Fortune Global Forum meet here.
SUPPORT TWOCIRCLES
HELP SUPPORT INDEPENDENT AND NON-PROFIT MEDIA. DONATE HERE