India’s largest biotech firm Biocon (BSE: 532523) today announced that Shreehas Tambe, currently deputy chief executive of its Biocon Biologics (BBL) subsidiary, has been appointed as managing director of the company, with effect from December 5, 2022. Mr Tambe will lead BBL in realizing its goal of being a global biosimilars leader.
Mr Tambe takes over from Dr Arun Chandavarkar, who will continue to serve as a non-executive, non-Independent director on the board of Biocon Biologics.
Biocon Biologics significantly expanded its biosimilar business with the acquisition earlier this year of the biosimilars unit of Viatris (Nasdaq: VTRS) for $3.3 billion.
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