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BUZZ-India's Biocon set to snap 7-day losing run as unit launches biosimilar in US

ReutersFeb 25, 2025 5:16 AM

Shares of Biocon BION.NS rise nearly 2%, set to snap 7-day losing run

Biopharma co says unit launches YESINTEK, a biosimilar to Stelara, in the U.S. to treat chronic autoimmune diseases

Analysts avg rating is 'buy'; median PT is 400 rupees vs current price of 327 rupees -LSEG data

BION shed nearly 11% in 7-day losing streak and is down about 12% YTD

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