BRIEF-Erytech Pharma FY net loss widens to 8.9 mln euros

* Reports full year net loss of 8.9 million euros ($9.64 million) versus loss of 8.1 million euros a year ago

10:45pm IST

BRIEF-Ab Science DSMB recommends continuation of phase II Masitinib study

* Announces that DSMB recommends the continuation of phase 2 study assessing Masitinib in relapsing head and neck cancer

10:29pm IST

BRIEF-EuKedos FY net profit falls to 49,000 million euros

* Reports full year 2014 revenue of 65.8 million euros ($71.19 million) versus 70.2 million euros a year ago

10:25pm IST

Indiana lawmakers pledge to clarify religious freedom bill

March 30 - Republican lawmakers in Indiana pledged on Monday to clarify a religious freedom bill that was slammed by businesses and activists for sending a message of discrimination against gays after it was passed last week.

10:19pm IST

UPDATE 1-Novartis digs deeper into cancer with up to $750 mln Aduro deal

* Novartis also picks top scientist to lead immuno-oncology (Adds details on Aduro's planned IPO, analyst comment)

10:13pm IST
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RBI gives lenders more flexibility to cover bad loans

MUMBAI - Banks can now divert as provision against bad loans a bigger share of the capital cushion required to be set aside to guard themselves against an economic downturn, the Reserve Bank of India (RBI) said on Monday, easing pressure on a struggling sector.