BUZZ-India's Shilpa Medicare gains on launch of new version of cancer drug

Reuters
04-03
BUZZ-India's Shilpa Medicare gains on launch of new version of cancer drug

** Shares of Shilpa Medicare SHME.NS rise 4.7% to 678.5 rupees

** Co's partner, Amneal Pharma, launched IV administered-version of its cancer drug Boruzu

** Trading volume of ~500,000 shares is 1.4x its 30-day avg

** Stock has shed 20% so far this year

(Reporting by Ashna Teresa Britto in Bengaluru)

((AshnaTeresa.Britto@thomsonreuters.com ; ( +91 8078332441))

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