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

AI Summary
  • ·Biocon shares increased by 2% following a 10-year supply agreement for Pertuzumab in Brazil.
  • ·The company, in a consortium with Bahiafarma and Bionovis, secured full allocation under Brazil's PDP programme.
  • ·This agreement will provide access to approximately 70% of the public-sector demand for the breast cancer therapy.
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