New Delhi | December 10th, 2025: Shardul Amarchand Mangaldas & Co. (SAM) advised Biocon Limited (“BL”) and its subsidiary Biocon Biologics Limited (“BBL”) on their ~USD 1.2 billion integration, involving BL’s acquisition of minority shareholdings in BBL from Viatris, Serum Institute Lifesciences, Tata Capital Growth Fund II and True North.
The Transaction Team was led by Raghubir Menon, Partner and Regional Practice Head — Mumbai, M&A and Private Equity, General Corporate; and Natashaa Shroff, Partner, along with Tarumoy Chaudhuri, Partner; Rounak Agarwal, Principal Associate; Kriti Saraswat, Senior Associate; Sohini Banerjee, Associate; Mihira Jaggi, Associate; and Anushya Ramakrishna, Associate.
The Competition Team was led by Shweta Shroff Chopra, Partner, and Supritha Prodaturi, Partner, supported by Parinita Kare, Senior Associate; Vasudha Verma, Associate; Saii S., Associate; and Janhavi Jyoti S., Associate.
The Capital Markets Team included Prashant Gupta, Partner — National Practice Head — Capital Markets; Ruth Chenchiah, Partner; and Debolina Mitra, Senior Associate.
The Banking & Finance Team comprised Shubhangi Garg, Partner, and Ansh Jain, Associate.
The Securities Team included Yogesh Chande, Partner, and Anushri Mandal, Associate.

