India's Venus Remedies hits four-month high on drug supply contract win

Venus Remedies

19/06/2024 05:24

** Shares of Venus Remedies  VENR.NS  up as much as 5% to
395 rupees, highest since Feb 15
    ** Drug maker on Wednesday said it won a contract from Pan
American Health Organisation for supplying essential cancer
drugs to multiple Latin American countries 
    ** Stock pares some gains; last up 2%
    ** Including day's gains, VENR down ~6% YTD vs 18% surge in
pharma index  .NIPHARM 

 (Reporting by Sethuraman NR in Bengaluru)
 ((Sethuraman.NR@thomsonreuters.com; (+91 9945291420); Reuters
Messaging: nallur.sethuraman.thomsonreuters.com@reuters.net))