Full Press Release Details
National Stock Exchange of India Ltd. (Scrip Code: DRREDDY-EQ)
BSE Limited (Scrip Code: 500124)
Please find enclosed a Press Release
on "Dr. Reddy's Laboratories announces the launch of Fesoterodine Fumarate Extended-Release Tablets in the U.S.
This is for your information.
For Dr. Reddy's Laboratories Limited
| /s/ K Randhir Singh | |
| K Randhir Singh |
Company Secretary & Compliance
CC:- New York Stock Exchange Inc.(Stock Code :RDY)
| CONTACT | ||
| DR. REDDY'S LABORATORIES LTD. 8-2-337, Road No. 3, Banjara Hills, Hyderabad - 500034. Telangana, India. | Investor relationS | Media relationS |
| AMIT AGARWAL amita@drreddys.com | USHA IYER ushaiyer@drreddys.com |
Dr. Reddy's Laboratories announces the
Fesoterodine Fumarate Extended-Release Tablets in the U.S. market
Hyderabad, India, July 8, 2022
Hyderabad, India and Princeton, NJ, USA.
July 8, 2022 - Dr. Reddy's Laboratories Ltd. (BSE: 500124, NSE: DRREDDY, NYSE: RDY, NSEIFSC: DRREDDY, along with its
subsidiaries together referred to as "Dr. Reddy's") announces the launch of Dr. Reddy's Fesoterodine Fumarate
Extended-Release Tablets, a therapeutic generic equivalent to Toviaz (fesoterodine fumarate) Extended-Release Tablets in the
U.S. market following the approval by the U.S. Food and Drug Administration (USFDA).
The Toviaz brand had U.S. sales
of approximately $211 million MAT for the most recent twelve months ending in May 2022 according to IQVIA*.
Dr. Reddy's Fesoterodine Fumarate
Extended-Release Tablets are available in 4 mg and 8 mg Tablets, each in bottle count sizes of 30.
Please click here to see the full prescribing
About Dr. Reddy's: Dr. Reddy's
Laboratories Ltd. (BSE: 500124, NSE: DRREDDY, NYSE: RDY, NSEIFSC: DRREDDY) is an integrated pharmaceutical company, committed
to providing affordable and innovative medicines for healthier lives. 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
Disclaimer: This press release may include
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assumptions and involve known or unknown risks and uncertainties that could cause actual results, performance or events to differ
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in such statements due to without limitation, (i) general economic conditions such as performance of financial markets, credit
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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, and (vi) the susceptibility of our industry and the markets addressed by our, and our customers',
products and services to economic downturns as a result of natural disasters, epidemics, pandemics or other widespread illness,
including coronavirus (or COVID-19), and (vii) other risks and uncertainties identified in our public filings with the Securities
and Exchange Commission, including those listed under the "Risk Factors" and "Forward-Looking Statements" sections
of our Annual Report on Form 20-F for the year ended March 31, 2022. The company assumes no obligation to update any information