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The Economic Times
The Economic Times
Surbhi Khanna

Biocon shares rise 2% on 10-year Pertuzumab supply deal for breast cancer therapy in Brazil

Biocon Brazil Cancer Breast Cancer Shreehas Tambe

Shares of Biocon rose 2% on Tuesday, hitting the day’s high of Rs 399 on NSE after the company secured a 10-year supply contract for Pertuzumab in Brazil for breast cancer therapy.

According to a filing with the exchange, the company said it signed a partnership agreement with Bahiafarma and Bionovis for Pertuzumab in Brazil, marking an important milestone in advancing production and commercialisation of the HER2-positive breast cancer therapy under the country’s Productive Development Partnership (PDP) program.

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