Indices: Stock market update: Nifty Pharma index falls 0.34%
The Nifty Pharma index closed 0.34 per cent down at 19117.0.
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The Nifty Pharma index closed 0.34 per cent down at 19117.0.
The Nifty Pharma index was trading 0.44 per cent up at 19245.65.
Weight-loss drugs: Biocon Ltd. is shifting focus to anti-obesity therapies as patents for key medications expire, leading to a surge in generic supply. The Bengaluru-based company secured UK approval for the first generic version of liraglutide injectible, positioning itself as a leader in this evolving market.
The Bengaluru-based firm has scored an early win among its peers with the UK approval for the first generic version of liraglutide injectible, which is losing patent protection in November.
The Nifty Pharma index closed 0.3 per cent up at 19218.85.