EX-99.1 2 drr0171_ex99-1.htm EXHIBIT 99.1

  

Exhibit 99.1

 

 
  

 

Dr. Reddy's Laboratories Ltd.
8-2-337, Road No. 3, Banjara Hills,
Hyderabad - 500 034, Telangana,
India.
CIN: L85195TG1984PLC004507
 

Tel      :+91 40 4900 2900
Fax     :+91 40 4900 2999
Email :mail@drreddys.com
www.drreddys.com

 

November 22, 2019

 

 

 

 

 

Corporate Relationship Department

 

National Stock Exchange of India Ltd.

BSE Limited

 

“Exchange Plaza”

Dalal Street, Fort

 

Bandra-Kurla Complex, Bandra (East),

Mumbai – 400 001

 

Mumbai – 400 051

Fax Nos.: 022-22723121 / 22723719 /

 

Fax Nos.: 022-26598120/ 26598237/

22722037 / 22722039

 

26598238

 

 

 

Scrip Code: 500124

 

Scrip Code: DRREDDY-EQ

 

Dear Sirs,

Sub: Press Release

 

Please find enclosed a Press Release on “Dr. Reddy's Laboratories announces launch of Doxercalciferol Injection in the U.S. Market.”

 

This is for your information.

 

With regards,

 

 

 

 /s/ Sandeep Poddar

 

Sandeep Poddar

 

Company Secretary

 

 

CC:- New York Stock Exchange Inc.(Stock Code :RDY)

 
 

 

 

 

 

 

CONTACT

DR. REDDY'S LABORATORIES LTD.

Investor relationS

Media relationS

8-2-337, Road No. 3, Banjara Hills,

Hyderabad - 500034. Telangana, India.

AMIT AGARWAL

amita@drreddys.com

(Ph: +91-40-49002135)

MITALI SARKAR

mitali.sarkar@drreddys.com

(Ph: +91-40- 49002121)

 

 

Dr. Reddy's Laboratories announces launch of
Doxercalciferol Injection in the U.S. Market

 

 

Hyderabad, India, November 22, 2019

For Immediate Release

 

Hyderabad, India and Princeton, NJ, USA. November 22, 2019 Dr. Reddy’s Laboratories Ltd. (BSE: 500124, NSE: DRREDDY, NYSE: RDY, along with its subsidiaries together referred to as “Dr. Reddy’s”) today announced the launch of Doxercalciferol Injection, 4 mcg/2 mL (2 mcg/mL) Multiple-Dose Vials, the therapeutic generic equivalent of Hectorol® (doxercalciferol) Injection 4 mcg/2 mL (2 mcg/mL) Multiple-Dose Vials, approved by the U.S. Food and Drug Administration (USFDA).

 

The Hectorol® Injection 4 mcg/2 mL (2 mcg/mL) Single-Dose Vials and Multiple-Dose Vials brand and generics had U.S. sales of approximately $138 million MAT for the most recent twelve months ending in September 2019 according to IQVIA Health*.

 

Hectorol® is a trademark of Sanofi-Aventis US LLC.

 

*IQIA Retail and Non-Retail MAT September 2019

 

RDY-0919-266

 

 

About Dr. Reddy’s: Dr. Reddy’s Laboratories Ltd. (BSE: 500124, NSE: DRREDDY, NYSE: RDY) is an integrated pharmaceutical company, committed to providing affordable and innovative medicines for healthier lives. Through its three businesses - Pharmaceutical Services & Active Ingredients, Global Generics and Proprietary Products – Dr. Reddy’s offers a portfolio of products and services including APIs, custom pharmaceutical services, generics, biosiimilars and differentiated formulations. Our major therapeutic areas of focus are gastrointestinal, cardiovascular, diabetology, oncology, pain management and dermatology. Dr. Reddy’s operates in markets across the globe. Our major markets include – USA, India, Russia & CIS countries, and Europe. For more information, log on to: www.drreddys.com

 

 

Disclaimer: This press release may include statements of future expectations and other forward-looking statements that are based on the management’s current views and assumptions and involve known or unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in such statements. In addition to statements which are forward-looking by reason of context, the words "may", "will", "should", "expects", "plans", "intends", "anticipates", "believes", "estimates", "predicts", "potential", or "continue" and similar expressions identify forward-looking statements. Actual results, performance or events may differ materially from those in such statements due to without limitation, (i) general economic conditions such as performance of financial markets, credit defaults , currency exchange rates , interest rates , persistency levels and frequency / severity of insured loss events (ii) mortality and morbidity levels and trends, (iii) changing levels of competition and general competitive factors, (iv) changes in laws and regulations and in the policies of central banks and/or governments, (v) the impact of acquisitions or reorganization , including related integration issues.

 

The company assumes no obligation to update any information contained herein.