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Company News: Companies Analysis, Updates & Insights | The HinduBusinessLine

Boiler blast at Vedanta plant in Chhattisgarh kills 11, injures 22 Madhya Pradesh CM says basmati rice from the State is exported to 47 nations IMD forecast of below-normal Indian monsoon poses risk to agriculture, economy Sify data centre arm IPO on track and will be timed with market conditions, says CFO BALCO deploys AI humanoid agent for real-time training, operations and safety Funskool clocks $40 million revenue in FY26, despite tariff headwinds Val-Met Engineering secures ₹200 crore funding from Nuvama Crossover Opportunities Funds BEML secures $36.38 million export order from West Asia region Chitale Bandhu Mithaiwale to inaugurate new production facility near Pune NCLT allows personal guarantee case against Videocon promoter Dhoot No immediate impact of US blocking Iranian vessels on India’s crude cargoes Indian spacetech startups shift gears from R&D to scalable manufacturing Protest by factory workers in Noida, Faridabad turns violent Sharon Pais takes over as Head of Myntra Nadir Godrej to retire as chairperson, Pirojsha Godrej named successor APAC emerges as growth engine amid data sovereignty push: IBM’s Hans Dekkers Unicharm India expands Diabetes Care portfolio Sarovar Hotels sees traction in tier II cities, pilgrimage towns Motherson Sumi Wiring says no impact on operations amid Noida labour protests Aster DM Healthcare invests ₹96 cr to expand Aster Whitefield by 159 beds Ola Electric launches S1 X+ 5.2 kWh with 4680 Bharat Cells India’s active LED display market hits ₹2,000 crore China’s TCL is said to consider stake sale in India TV business Strengthening R&D, investment key for Indian drugmakers to lead globally: Nadda Piper Serica deploys ₹210 crore in 33 start-ups; to invest remaining ₹63 crore in 2-3 months NCLAT adjourns hearing on Vedanta plea against selection of Adani's bid for JAL GE Aerospace signs contract with Indian Air Force to help establish in-country depot for F404-IN20 engines RateGain launches AI-driven hotel marketing certification programme Q4 Results This Week: HDFC Bank, ICICI Bank, Wipro, Just Dial among 42 companies reporting GE Aerospace scales AI from pilots to production; India anchors global capability
Ipca inks licensing agreement with Bhami Research for bio...
By BL Mumbai Bureau · 2026-06-14 · via Company News: Companies Analysis, Updates & Insights | The HinduBusinessLine
The financial details of the agreement were not disclosed. (Representational image)

The financial details of the agreement were not disclosed. (Representational image)

Ipca Laboratories has inked an agreement with Mangalore-headquartered Bhami Research Laboratories for access to a biologics delivery platform to develop monoclonal antibodies.

The licencing agreement grants Ipca access to BRL’s proprietary high-concentration subcutaneous biologics delivery platform for the development and commercialisation of multiple monoclonal antibody products targeting oncology and inflammatory diseases, a note from the company said.

Ratnesh Jain, co-founder with WeTranslate, a life sciences business development company that played a role in the scientific and financial match-making between the two companies, told businessline that Ipca would undertake the development and there was a licensing fee for the technology transfer and royalites on sales, once the product was commercialised.

The financial details of the agreement were not disclosed.

Pranay Godha, Managing Director and Chief Executive, Ipca Laboratories, said the collaboration would help accelerate the development of “affordable biologics for people battling cancer and autoimmune disease worldwide.”

Surya Pai, Chief Executive and Co-Founder, BRL (a 12-year-old biotech company), said the partnership was designed to make patient care convenient, affordable and safe.

Akhil Shah, Director and Chief Executive, WeTranslate, said that world-class innovation deserved worldclass commercialisation pathways. “BRL has built a differentiated formulation technology platform, and Ipca brings the scale, expertise, and global reach required to unlock its full potential.”

Published on June 13, 2026