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Biocon shares rise 2% after USFDA approval for Yesintek single-dose prefilled autoinjector

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Biocon shares rise 2% after USFDA approval for Yesintek single-dose prefilled autoinjector
Shares of Biocon rose 2% to Rs 420.25 on the BSE on Tuesday, after the company’s subsidiary in the United States received supplemental U.S. Food and Drug Administration (FDA) approval for Yesintek 45 mg/0.5 ml single-dose prefilled autoinjector and Yesintek 90 mg/ml single-dose prefilled autoinjector.

According to a regulatory filing by the company on the BSE, the Yesintek single-dose prefilled autoinjector offers patients with another important treatment option. This new delivery format supports more tailored treatment approaches across different care settings and patient needs.

“This supplemental approval enhances Biocon’s comprehensive portfolio of immunology products in the United States and reaffirms the company’s commitment to improving access to affordable medicines for patients around the world,” the company said, as per the regulatory filing.

Yesintek is indicated for the treatment of moderate to severe plaque psoriasis and active psoriatic arthritis in adult and pediatric patients who are six years of age and older, and moderate to severely active Crohn’s disease and ulcerative colitis in adults, thereby treating a range of debilitating autoimmune conditions that affect tens of thousands of Americans.

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Biocon Q1 Results

The company reported a net profit of Rs 141 crore in the June quarter of FY27. It reported a 10% year-on-year increase in consolidated operating revenue to Rs 4,336 crore, driven by strong growth in the Biopharma business. Biopharma revenue grew 17% YoY, driven by momentum from recent biosimilar and generic product launches across key markets.


Consolidated EBITDA stood at Rs 902 crore, with a margin of 21%, supported by improved profitability in the Biopharma business, which helped offset continued challenges in the Services business.

Biocon Share Price

Shares of Biocon have gained nearly 3% in the last three months. However, the shares have slipped over 7% over the last six months.

The shares of the drugmaker have declined over 9% in 2026 so far. In the longer term, Biocon shares have fallen over 4% over one year, but have delivered 19% returns over three years and 39% returns over five years.

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Prairie Operating: Q2 Exposed The Equity Problem (NASDAQ:PROP)

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Prairie Operating: Q2 Exposed The Equity Problem (NASDAQ:PROP)

This article was written by

I’m an independent equity trader and licensed financial advisor focused on uncovering high-upside opportunities in overlooked sectors especially focusing on small-caps, energy, commodities, and special situations. My investment strategy is based on growth. I look for fundamental momentum (EPS, ROE, revenue), price-volume confirmation, and macro filters. I also use econometric tools and calculations to analyse market direction, cycles and behaviour. I’ve been managing personal capital since 2020 and advising under MiFID II since qualifying with a license. I hold a bachelor’s in Business Administration and Economics and am currently completing a master’s in Finance. My masters thesis topic: Impact of Financial Results Announcements on Stock Returns and Trading Volumes of Micro-Capitalization Gold Mining Companies.

Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha’s Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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Cloughs snap up $8m Eagle Bay home

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Cloughs snap up $8m Eagle Bay home

Former chairman of Clough, Jock Clough, and his partner Kate have purchased an $8 million South West mansion overlooking Eagle Bay, while putting their Yallingup home up for sale.

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Einride to deploy 500 Tesla electric trucks for North American fleet

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Einride to deploy 500 Tesla electric trucks for North American fleet

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Home Depot Sales Climb 5.7% Amid Demand for Smaller Projects

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Home Depot Sales Climb 5.7% Amid Demand for Smaller Projects

Homeowners took on smaller, spring maintenance projects during the recent quarter despite continuing economic uncertainty, driving Home Depot’s HD sales higher and giving the company confidence to back its full-year outlook.

Chief Financial Officer Richard McPhail said in an interview that consumers took on a variety of spring-focused, do-it-yourself projects, such as re-mulching their landscaping and upgrading their patios, while professional contractors completed decking, electrical and plumbing jobs.

Copyright ©2026 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

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Reddit Stock Falls Ahead of Joining the S&P 500

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Reddit Stock Falls Ahead of Joining the S&P 500

Reddit Stock Falls Ahead of Joining the S&P 500

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Europe’s biggest ice cube factory works 24/7 amid UK’s ‘exceptional’ summer heatwave

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The Ice Co in South Kirkby, West Yorkshire, Europe’s biggest ice factory, has been working around the clock to keep up with unprecedented demand for its ice cubes amid the UK summer 2026 heatwave

Ice cubes in production at The Ice Co, in South Kirkby.

Ice cubes in production at The Ice Co, in South Kirkby(Image: Annabel Lee-Ellis/PA Wire)

Europe’s largest ice factory says the 2026 British summer has been “exceptional” as it continues to produce tonnes of frozen cubes to meet demand from customers seeking respite from the persistent heatwaves. The Ice Co has been operating around the clock throughout the summer months as it grappled with unprecedented demand for the billions of ice cubes it manufactures at its South Kirkby facility in West Yorkshire.

Sales director Nick Brennand said the planning process begins months ahead of summer’s peak , with the factory running at full capacity in snowy January to ensure a month’s supply is stored in its freezing warehouse. However, the 140-strong workforce must then prepare to respond to whatever the British summer delivers.

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Mr Brennand said: “This year has been completely exceptional.”

He said: “I think we’re on heatwave number six? We’ve never had such a sustained period of hot weather.

“The good weather started in June and we’ve still got it now in the middle of August, and they’re talking about another one in September?”.

“Normally, we’ll get maybe two to four good weeks in a year, and now we’re looking at 14 to 15, which makes a big difference.”

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Mr Brennand said: “What we don’t know is when it’s going to shine and for how long. Sometimes we have hot Easters, sometimes we have hot Septembers, and everything in between.”

He said: “We get to a point in May or June when we are very much in the lap of the gods. If the sun shines, and it’s 35 degrees tomorrow, orders can go up five or tenfold.”

Ice cubes in production at The Ice Co, in South Kirkby.

Ice cubes in production at The Ice Co, in South Kirkby.(Image: Annabel Lee-Ellis/PA Wire)

Mr Brennand noted that roughly 85% of people still produce their ice at home, yet when a supermarket or hotel runs short, no alternative product can fill the gap.

He said: “If you’re in a pub or a restaurant and they start rationing ice in your G&T on a Friday night, it’s not particularly nice. You want a nice cold drink.”

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He noted that the typically demanding environment of The Ice Co warehouse at South Kirkby has provided welcome relief for some staff during the hottest days in recent weeks.

Mr Brennand said: “Believe me, everybody in the office have gone wandering into the warehouse for 10 minutes to cool down, because it’s minus 18 in there.

“If it’s warm outside, there’s no nicer place to be for five or 10 minutes – but only five or 10 minutes.”

Established in 1860, the firm continues to be operated by the sixth generation of the Marr family, who originally supplied ice to support their fishing enterprise. The company produces approximately six billion ice cubes annually.

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Macro Insights: Navigating The AI Capex Boom, Growing Bubble Risks, And Rising Yield Pressures

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AMD: Current Valuation Appears Hard To Justify

Macro Insights: Navigating The AI Capex Boom, Growing Bubble Risks, And Rising Yield Pressures

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WhiteHawk Minerals: Operator-Funded Growth Supports The Buy Case (NYSE:WHK)

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WhiteHawk Minerals: Operator-Funded Growth Supports The Buy Case (NYSE:WHK)

This article was written by

Apart from my academic training in Biology and Chemistry, I hold a Ph.D. in Environmental Science with a specialization in Bio-Medical Waste Management. My areas of research and analysis include clean technologies, renewable energy, pollution control systems, and environmental compliance solutions. I follow companies operating in these sectors using a research-driven approach that integrates regulatory trends, sustainability metrics, and scientific evaluation to assess long-term growth opportunities, risks, and value potential. By actively tracking and analyzing companies engaged in environmental management, renewable energy, and green technologies, my work aims to blend scientific depth with market analysis to provide practical insights that help investors understand financial outcomes and emerging opportunities. At a personal level, I also provide free stock market consultation to a select group of friends, relatives, and former colleagues. I am associated with Seeking Alpha analyst Eudaemon Research.

Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha’s Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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Wetherspoons bans customers playing music from phones in pubs

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A woman dressed in a black vest and shorts stands outside a Wetherspoons holding her phone.

Wetherspoons has banned its customers from playing music out loud or taking calls on speaker, saying the noise was an increasing problem driving people “nuts”.

The company – which runs 792 pubs and bars across the UK – said that following complaints it has asked customers to switch their phones and tablets to silent or to use earphones.

Polling in recent years by various organisations suggests people are largely opposed to others playing music or taking calls on speaker in public spaces.

Wetherspoons told the BBC that staff will be asked to use “common sense” when enforcing the ban.

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“We are not looking to ask anyone to leave a pub if they go against the ruling, but it is an option for managers if they refuse to do so,” the company said.

It follows a stricter, longstanding policy from rival pub chain Sam Smiths which bans no phone or tech use of any kind, in addition to a ban on swearing.

Wetherspoons does not play music in any of its pubs, with chief executive Tim Martin describing them as “an oasis of tranquillity and contemplation”.

The chain does play music in the evening at its 44 Lloyds’ bars. It confirmed that the ban on customers playing music and taking calls on speaker would also apply to those venues.

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The number of Wetherspoons pubs has steadily fallen over the last decade from a peak of 955 in late 2015.

The firm has faced a financial challenges during those ten years from the Covid pandemic and inflation.

Last month, it told investors that profit for the year would be lower than expected because of higher costs for food, labour, repairs, energy, and business rates.

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Ichthys deal buys peace, raises stakes

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Ichthys deal buys peace, raises stakes

OPINION: Industrial action on major resources projects will reset the baseline for every negotiation.

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