India's Shilpa Medicare rises as unit inks biologics deal with mAbTree Biologics
** Shares of Shilpa Medicare SHME.NS rise 2.4% at 645 rupees ** SHME on Monday says its unit enters into deal with Switzerland-based mAbTree Biologics for development, manufacture, marketing and sale of a new biological entity ** Stock set to gain for a second session straight ** SHME shares down ~23% so far this year; pharma index .NIPHARM down ~11% (Reporting by Yagnoseni Das in Bengaluru) ((Yagnoseni.Das@thomsonreuters.com;))
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