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SPARC — Sun Pharma Advanced Research News Story

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HealthcareSpeculativeMid CapMomentum Trap

India's Sun Pharma Advanced Research up on getting Alopecia drug licence

** Shares of Sun Pharma Advanced Research Company  SPRC.NS  up
as much as 7.67% to 247.15 rupees, their highest since Sept. 15 
    ** Bio-pharma co hits sharpest intraday pct gain since Oct.
18 
    ** SPRC enters into an licence agreement with Johns Hopkins
University and The Institute of Organic Chemistry and
Biochemistry of the Czech Academy of Sciences 
    ** Agreement to exclusively license SCD-153 Alopecia Areata
drug 
    ** About 3.3 mln shares traded as of 12:07 p.m. IST, 4.7 the
30-day average 
    ** Stock last up 5.1%, extending YTD gains to ~15% 

 (Reporting by Manvi Pant in Bengaluru)
 ((Manvi.Pant@thomsonreuters.com; +918447554364;))

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