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GODAVARIB — Godavari Biorefineries News Story

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India's Godavari Biorefineries at 2-month high after securing US patent for cancer treatment

BUZZ-India's Godavari Biorefineries at 2-month high after securing US patent for cancer treatment

** Shares of Godavari Biorefineries GODA.NS rise as much as 14.6% to a two-month high of 262 rupees

** Stock on track for its biggest one day pct. in more than two months, if gains hold

** Co says it has been granted a patent in the US for the compound 5-hydroxy-1,4 naphthalenedione for use in the treatment of cancer

** "Patent protects a novel class of compounds that effectively inhibit cancer and cancer stem cells, showing significant potential against various cancer types, including breast and prostate" - GODA

** YTD, stock down 7.4%



(Reporting by Puyaan Singh in Bengaluru)

((puyaan.singh@thomsonreuters.com))

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