Sanofi India and Dr Reddy's up on distribution partnership

Sanofi India

28/03/2024 03:58

** Shares of Sanofi India  SANO.NS  and Dr Reddy's
Laboratories  REDY.NS  up 1.8% and 1.4%, respectively
    ** REDY, SANO partnered for distribution in India of SANO's
vaccines
    ** SANO opened 3% higher before trimming some gains
    ** SANO closed 3.3% higher on Wednesday on distribution
partnership with Cipla  CIPL.NS ; that was stock's best day
since Feb. 19
    ** REDY and SANO among top gainers on Nifty Pharma index
 .NIPHARM , which is up 0.2%
    ** REDY on track for third straight weekly drop if trend
holds; SANO on track to snap four straight weekly losses

 (Reporting by Varun Vyas in Bengaluru)
 ((varunvyas.hebbalalu@thomsonreuters.com))