India's Senores Pharma rises on acquisition of rights to sell Roflumilast
** Shares of Senores Pharmaceuticals Ltd SENO.NS rise as
much as 5.8% to 565 rupees
** Co via its unit acquires USFDA-approved abbreviated new
drug application (ANDA) for Roflumilast 250 mcg, 500 mcg tablets
used to treat flare-ups in people with severe chronic
obstructive pulmonary disease
** Adds, acquisition will be funded through initial public
offer proceeds
** Stock on track to gain for 3rd straight day
** SENO last up 4%, cutting YTD losses to 6.1%
(Reporting by Meenakshi Maidas in Bengaluru)
((meenakshi.maidas@thomsonreuters.com;))
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