India's Biocon gains after block deal

• 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 a term sheet seen by Reuters
• YTD, BION is up about 10%

($1 = 96.1350 Indian rupees)