January Current Affairs part 12

 Hello friends in this article you are going to read some current affairs which can help you in competitive exams.

1. Biocon Biologics Rs. 555 crore investment from ADQ

- American Dairy Queen Corporation (ADQ) will invest Rs. 555 crore in Biocon Biologics.

- ADQ will invest Rs. 555 crore for minority stake in biosimilar business, valuing Biocon Biologics at post money valuation of $4.17 billion.

- A biosimilar is a biologic medical product highly similar to another already approved biological medicine.

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2. AP signs MoU with Cambridge University to improve English.

- A Memorandum of  Understanding was signed between the Cambridge University and Andhra Pradesh.

- The MoU was signed by Vijay Kumar, Commissioner of Municipal Administration on behalf of the State Government and TK Arunachalam, Regional Director of Cambridge University, South Asia.

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