Dr. Reddy’s Q1 net inches up amid decline in generics sales to U.S. 

Dr. Reddy’s Q1 net inches up amid decline in generics sales to U.S. 

Generic drugmaker Dr. Reddy’s Laboratories’ consolidated net profit for the June quarter increased marginally to ₹1,409.9 crore from Rs.1,392.4 crore year earlier as revenue from the all important U.S. market declined amid increased price erosion in certain key products. The net profit came on a more than 11% increase in total revenue from operations to […]

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Dr. Reddy’s acquiring Mayne Pharma’s U.S. generic portfolio for  million

Dr. Reddy’s acquiring Mayne Pharma’s U.S. generic portfolio for $90 million

Representational image only. | Photo Credit: Special Arrangement Pharma major Dr. Reddy’s Laboratories is acquiring the U.S. generic prescription product portfolio of Australia’s Mayne Pharma Group for an upfront cash consideration of around $90 million. The portfolio includes 45 commercial products, four pipeline products and 40 approved non-marketed products, including generic products focussed on women’s […]

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Dr. Reddy’s settles dispute with Indivior, to receive m

Dr. Reddy’s settles dispute with Indivior, to receive $72m

As part of the settlement, the underlying litigation will be dismissed, the Hyderabad-headquartered drugmaker said. As part of the settlement, the underlying litigation will be dismissed, the Hyderabad-headquartered drugmaker said. Pharma major Dr. Reddy’s Laboratories has entered into settlement agreement with British drugmaker Indivior resolving patent litigation relating to latter’s opioid dependence treatment drug Suboxone. […]

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