Home / Business and Economy / India, Brazil Forge Pharma & Trade Pacts
India, Brazil Forge Pharma & Trade Pacts
22 Feb
Summary
- India and Brazil signed agreements on breast cancer medicine and iron ore blending.
- Research and development in strategic pharmaceutical ingredients will be enhanced.
- Trade and investment between India and Brazil are set to increase.

India and Brazil have solidified bilateral ties with several Memoranda of Understanding (MoUs) signed during Brazilian President Luiz Inacio Lula da Silva's recent visit. These agreements mark a significant step forward in cooperation across key sectors.
A crucial pact involves the joint development of Pertuzumab, a medicine indicated for HER-2 metastatic breast cancer. This collaboration was formalized between BahiaFarma, Biocon Biologics Ltd, and Bionovis.




