Last $51.88 USD
Change Today +0.35 / 0.68%
Volume 366.2K
RDY On Other Exchanges
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As of 6:40 PM 09/22/14 All times are local (Market data is delayed by at least 15 minutes).

doctor reddy's lab-adr (RDY) Snapshot

Open
$52.16
Previous Close
$51.53
Day High
$52.23
Day Low
$51.84
52 Week High
09/19/14 - $52.64
52 Week Low
09/24/13 - $37.49
Market Cap
8.8B
Average Volume 10 Days
232.7K
EPS TTM
--
Shares Outstanding
170.3M
EX-Date
08/1/14
P/E TM
--
Dividend
$0.29
Dividend Yield
0.56%
Current Stock Chart for DOCTOR REDDY'S LAB-ADR (RDY)

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doctor reddy's lab-adr (RDY) Details

Dr. Reddy’s Laboratories Limited operates as an integrated pharmaceutical company in India. It operates in three segments: Global Generics, Pharmaceutical Services and Active Ingredients (PSAI), and Proprietary Products. The Global Generics segment produces and markets finished pharmaceutical products as branded formulations or generic finished dosages. This segment is also engaged in the operation of biologics business. The PSAI segment develops active pharmaceutical ingredients (APIs) and intermediaries, which are used as principal ingredients for finished pharmaceutical products. This segment also offers contract research services to biotech and pharmaceutical companies; and manufactures and sells APIs and steroids in accordance with the specific customer requirements. The Proprietary Products segment is involved in the discovery and development of new chemical entities and differentiated formulations for subsequent commercialization. Its differentiated formulations portfolio consists of new, synergistic combinations, and technologies that enhance safety and/or efficacy by modifying pharmacokinetics of existing medicines. This segment is also involved in the Company’s specialty pharmaceuticals business, which conducts sales and marketing operations for in-licensed and co-developed dermatology products. The company’s therapeutic categories include gastro-intestinal, cardiovascular, pain management, and oncology. It also operates in North America, Europe, Russia, other countries of the former Soviet Union, and internationally. Dr. Reddy’s Laboratories Limited has strategic partnership with GlaxoSmithKline plc to develop and market products outside India; and collaboration agreement with Merck Serono to develop a portfolio of biosimilar compounds in oncology, primarily focused on monoclonal antibodies. The company was founded in 1984 and is headquartered in Hyderabad, India.

Founded in 1984

doctor reddy's lab-adr (RDY) Top Compensated Officers

Co-Chairman, Managing Director, Chief Executi...
Total Annual Compensation: 6.3M
Chairman of The Board, Member of The Manageme...
Total Annual Compensation: 7.7M
Compensation as of Fiscal Year 2014.

doctor reddy's lab-adr (RDY) Key Developments

Dr. Reddy's Mulls Acquisitions

Dr. Reddy's Laboratories Ltd. (BSE:500124) is seeking acquisitions. "We still continue to be interested in Japan. We are exploring all options. The priority is to get into the right plan to enter into the Japanese market. So the options for us are to seek a partner, acquire a company or do it organically," Dr Reddy's said.

Dr. Reddy's Involved in Discussion with US Consumer Product Safety Commission Regarding Alleged Packaging Safety Violations

A US Securities and Exchange Commission (SEC) filing from Dr. Reddy's indicates that the company is involved in discussion with the US Consumer Product Safety Commission (CPSC) regarding alleged packaging safety violations. The move follows a May 2012 request from the CPSC to Dr. Reddy's to supply information on compliance with child-resistant blister packaging requirements. Having reviewed this information, the CPSC wrote to Dr. Reddy's in April 2014 suggesting that the company had failed to comply with some packaging regulations. Dr. Reddy's disagrees with this conclusion and is currently in discussion with the CPSC. Dr. Reddy's has also suggested that the US Department of Justice (DoJ) is also investigating the CPSC's claims in relation to the False Claims Act.

Dr Reddy's Laboratories Appoints Sriram Gopalakrishnan as Director - Branding & Communications

Dr Reddy's Laboratories announced that Sriram Gopalakrishnan has been appointed as Director - Branding & Communications. He will be responsible for building Dr. Reddy's brand in Biosimilars, which is a strategic area of focus for the company, as the category is expected to grow significantly in the coming years. Prior to this, he was with the Indian School of Business (ISB) as Director - Marketing and Communication. At ISB, he was responsible for building greater global visibility and understanding of the ISB brand, and increasing the impact of marketing activities supporting all Programmes and Research Centres.

 

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