Bengaluru-based Biocon’s new plant in the US is aimed at capturing some of the business from the US government under President Donald Trump who is focussed on bringing the cost of medicines down. However, it’s going to cost Biocon some more of its relatively small margin.

With its new plant operational in New Jersey, US, Bengaluru-based Bioconis hoping to get some of the business from President Donald Trump’s push for cheaper drugs and local manufacturing. It’s likely to cost the company some of its profit margin.
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