Jupiter Biosciences in talks to buy Swiss co; stock up

Jupiter Biosciences is in advanced discussion to buy privately-held Swiss pharma company SynphaBase for about $10 million to boost drug research capabilities and front-end sale of products internationally.

MUMBAI: Jupiter Biosciences is in advanced discussion to buy privately-held Swiss pharma company SynphaBase for about $10 million to boost drug research capabilities and front-end sale of products internationally.

The stock was at Rs 31.85, up 0.63 per cent on the BSE. It touched a high of Rs 33 and low of Rs 31.25 in trade so far. Around 13.56 lakh shares were traded in the counter.
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