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Dr. Reddy's to focus on complex drugs
Mint Chennai
|January 24, 2025
The pharma major posted its highest ever quarterly results and Ebitda this quarter.
Dr. Reddy's is focusing on a pipeline of complex drugs, including GLP-1 (such as Semaglutide), and biosimilars and consumer care to offset the loss of exclusivity for its blockbuster drug Revlimid next year, a top executive said.
As gRevlimid, the drug that has been the biggest growth driver for the company in recent years, nears its patent expiry in January 2026, the pharma major has additional growth drivers in place to continue the momentum, Erez Israeli, CEO, Dr. Reddy's, said.
Israeli was speaking at a press briefing post the company's Q3FY25 results.
This story is from the January 24, 2025 edition of Mint Chennai.
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