Pharma Stocks Soar 5% as US Senate Passes Biosecure Act, India Benefits

Business
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Moneycontrol•19-12-2025, 13:48
Pharma Stocks Soar 5% as US Senate Passes Biosecure Act, India Benefits
- •US Senate passes 'Biosecure Act', part of NDAA fiscal 2026, barring Chinese biotech from federal funding.
- •Indian pharma stocks jump, Nifty Pharma index up 0.65%, as India is seen as a key beneficiary.
- •Wockhardt leads gainers with 5% jump; Divi's Laboratories, Laurus Labs also see significant rises.
- •Act aims to reduce China's influence in biotech supply chains and prevent espionage.
- •Industry leaders like Nandini Piramal view it as a long-term opportunity for India.
Why It Matters: US Biosecure Act boosts Indian pharma stocks, positioning India as a key alternative to China.
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