Full Press Release Details
| Corporate Relationship Department | National Stock Exchange of India Ltd. | |||
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| Scrip Code: 500124 | Scrip Code: DRREDDY-EQ |
Please find enclosed a Press Release on "Dr. Reddy's
announces the launch of Repatha in India".
This is for your information.
| With regards, | |
| /s/ Sandeep Poddar | |
| Sandeep Poddar | |
| Company Secretary | |
| CC:- New York Stock Exchange Inc.(Stock Code: RDY) |
| CONTACT | |||
| Investor relationS | Media relationS | ||
| DR. REDDY'S LABORATORIES LTD. 8-2-337, Road No. 3, Banjara Hills, Hyderabad - 500034. Telangana, India. | Saunak SAVLA saunaks@drreddys.com (Ph: +91-40-49002135) | Calvin Printer calvinprinter@drreddys.com (Ph: +91-40- 49002121) |
announces the launch of Repatha in India
Hyderabad, India, July 02, 2018 - Dr. Reddy's Laboratories
Ltd (BSE: 500124, NSE: DRREDDY, NYSE: RDY) announced today that it has launched Repatha (evolocumab) 140 mg/ml, the first
and only PCSK9 Inhibitor* available in India, approved by the Drug Controller General India (DCGI).
Repatha (evolocumab) is a patented product of Amgen
global, indicated for the treatment of adult patients with primary hypercholesterolaemia (heterozygous familial and non-familial)
or mixed dyslipidaemia. It is used as an adjunct to diet in combination with a statin or statin with other lipid lowering therapies
in patients who are unable to reach LDL-C goals with the maximum tolerated dose of a statin. It is used either alone or in combination
with other lipid-lowering therapies in patients who are statin-intolerant, or for whom a statin is contraindicated. Repatha
is also indicated in adults and adolescents aged 12 years and over with homozygous familial hypercholesterolaemia in combination
with other lipid-lowering therapies.
M.V. Ramana, CEO, Branded Markets (India and Emerging Markets)
said, "The launch of Repatha is another significant addition to Dr. Reddy's Cardiovascular portfolio, which
we believe will provide a unique treatment option to patients in India who are at risk of Heart Attack, Stroke and Coronary problems."
In India, Repatha is distributed by Dr. Reddy's
and manufactured by Amgen.
*PCSK9 Inhibitors are a new class of lipid lowering drugs.
They target and inactivate a specific protein in the liver called proprotein convertase subtilisin kexin 9. This leads to dramatic
reduction in the amount of harmful LDL cholesterol circulating in the bloodstream.
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, biosimilars 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
About Amgen: Amgen is committed to unlocking the potential
of biology for patients suffering from serious illnesses by discovering, developing, manufacturing and delivering innovative human
therapeutics. This approach begins by using tools like advanced human genetics to unravel the complexities of disease and understand
the fundamentals of human biology. Amgen focuses on areas of high unmet medical need and leverages its expertise to strive for
solutions that improve health outcomes and dramatically improve people's lives. A biotechnology pioneer since 1980, Amgen has
grown to be one of the world's leading independent biotechnology companies, has reached millions of patients around the world
and is developing a pipeline of medicines with breakaway potential. For more information, visit www.amgen.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 forwardlooking 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.