BUZZ-India's Sun Pharma set for best week in nearly 6 months after Checkpoint deal

Reuters

2025/03/13

** Sun Pharmaceutical SUN.NS gains 4.4% in holiday-curtailed week; set for best weekly performance since late September 2024

** Drugmaker top weekly gainer on Nifty 50 .NSEI and pharma .NIPHARM indexes

** SUN gained in all sessions this week after $355 million deal for Checkpoint Therapeutics CKPT.O

** Analysts backed the deal, saying it would complement SUN's specialty portfolio

** Stock rated "buy" on avg, per data compiled by LSEG

** YTD, SUN down 11% vs NSEI's 4.7% drop

(Reporting by Nandan Mandayam in Bengaluru)

((Nandan.Mandayam@thomsonreuters.com; Mobile: +91 9591011727;))

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set for best weekly performance since late September 2024</p><p>** Drugmaker top weekly gainer on Nifty 50 <span>.NSEI</span> and pharma <span>.NIPHARM</span> indexes</p><p>** SUN gained in all sessions this week after $355 million <span>deal</span> for Checkpoint <a href=\"https://laohu8.com/S/LENZ\">Therapeutics</a> <span>CKPT.O</span></p><p>** Analysts <span>backed</span> the deal, saying it would complement SUN's specialty portfolio</p><p>** Stock rated \"buy\" on avg, per data compiled by LSEG</p><p>** YTD, SUN down 11% vs NSEI's 4.7% drop</p><p> (Reporting by Nandan Mandayam in Bengaluru)</p><p> ((Nandan.Mandayam@thomsonreuters.com; Mobile: +91 9591011727;))</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"FBIO","symbol_name":"Fortress Biotech Inc.","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250313:nL4N3PW0BO:1","article_id":"2519907106","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2519907106","pubTimestamp":1741842461,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"BUZZ-India's Sun Pharma set for best week in nearly 6 months after Checkpoint deal** Sun Pharmaceutical SUN.NS gains 4.4% in holiday-curtailed week; 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