Biocon is ranked the 20th company among the top biotechnology companies in the world. The ranking is featured in the Med Ad News, a leading US trade publication, which provided the list of Leading Global Biotechnology Companies in 2007, based on revenue and income.
The report takes into consideration drug based firms, as these companies provide the best numbers to track the progress of the sector. Biocon Limited is the only Asian company to feature in the Top 25.
Earlier, the BioSpectrum-ABLE Biotech Industry Survey had revealed that Biocon was ranked second largest biotech company in the country after the Pune-based Serum Institute. Biocon merged as the second top company in the country with a Rs. 912 crore revenues as against Serum Institute which clocked revenues of Rs 987 crore.
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