BUZZ-India's Biocon gains after block deal

Viatris, Inc.

Viatris, Inc.

VTRS

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** Shares of Biocon BION.NS rise 5.3% to 432.85 rupees

** Nearly 46 mln shares of BION change hands via block deal on NSE at 400 rupees per share - exchange data showed

** Mylan Inc, part of healthcare company Viatris VTRS.O, planned to sell up to 92 mln shares in BION, worth up to 34.81 bln rupees ($362.1 mln), as per term sheet seen by Reuters

** YTD, BION up ~10%


($1 = 96.1350 Indian rupees)


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