EX-99.1 2 drr0190_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

 
 
 
 
 
 
 
 
 
 

 

February 7, 2020

 

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 the launch of Trientine Hydrochloride Capsules USP, 250 mg, in the U.S. Market”

 

This is for your information.

 

With regards,

 

/s/ Sandeep Poddar

 

Sandeep Poddar

 

Company Secretary

 

 
 
 
 
 
 
 
 
 
 

 

Encl: As above

 

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

 

Classification │ PUBLIC 

 
 
 
 

 

 

 

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)

Deep GHATAK

deepghatak@drreddys.com

(Ph: +91-40- 49002121)

 
 
 
 
 
 
 
 
 
 

 

   
 
 
 
 
 
 
 
 
 

 

Dr. Reddy's Laboratories announces the launch of 

Trientine Hydrochloride Capsules USP, 250 mg, in the U.S. Market

 

Hyderabad, India, February 7, 2020 

For Immediate Release

 
 
 
 
 
 
 
 
 
 

     

   
 
 
 
 
 
 
 
 
 

 

Hyderabad, India and Princeton, NJ, USA, Febraury 7, 2020— 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 Trientine Hydrochloride Capsules USP, 250 mg, a therapeutically equivalent generic version of Syprine® (trientine hydrochloride) Capsules, approved by the U.S. Food and Drug Administration (USFDA).   

 

“We are pleased to provide this convenient alternative for patients, pharmacists and distribution partners,” explains Marc Kikuchi, Chief Executive Officer and Head of Dr. Reddy’s North America Generics. “Our product can be stored at room temperature (20°C to 25°C or 68°F to 77°F) throughout the product shelf life of 24 months.”

 

For more information, please refer to full Prescribing Information.  

https://www.drreddys.com/medguide/Trientine-Hydrochloride-Capsules.pdf

 

The Syprine® brand and generic products had U.S. sales of approximately $94.2 million MAT for the most recent twelve months ending in December 2019 according to IMS Health*.

 

Dr. Reddy’s Trientine Hydrochloride Capsules USP, 250 mg are available in 100 count bottles.

 

Syprine® is a trademark of Alton Pharma.

 

*IMS National Sales Perspective: Retail and Non-Retail MAT December 2019

RDY-0719-255

 

 
 
 
 
 
 
 
 
 

 

   
 
 
 
 
 
 
 
 
 

 

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.