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RDY Positive Sentiment Score: 78/100

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.co

Key Takeaway: Dr. Reddy's Laboratories Ltd. has announced the launch of Doxycycline Capsules, 40 mg, in the U.S. market. This product is a therapeutic generic equivalent to the FDA-approved ORACEA, which positions Dr. Reddy's favorably in the pharmaceutical landscape. The launch comes as the company aims to expand its portfolio of accessible and innovative medicines. Doxycycline Capsules will be available in bottle counts of 30.

Market Sentiment Analysis

POSITIVE FACTORS

  • Launch of Doxycycline Capsules in the U.S. market.
  • Therapeutic generic equivalent of ORACEA approved by USFDA.
  • Solidification of Dr. Reddy's competitive position in the market.

Full Press Release Details

National Stock Exchange of India Ltd. (Stock Code: DRREDDY-EQ)
BSE Limited (Stock Code: 500124)
New York Stock Exchange Inc. (Stock Code: RDY)
NSE IFSC Ltd. (Stock Code: DRREDDY)
Please find enclosed a Press Release on "Dr. Reddy's Laboratories
announces the launch of Doxycycline
Capsules, 40 mg* in the U.S."
This is for your information and records.
For Dr. Reddy's Laboratories Limited
Company Secretary, Compliance Officer & Head-CSR
CONTACT
DR. REDDY'S LABORATORIES LTD. Investor relationS Media relationS
8-2-337, Road No. 3, Banjara Hills, Hyderabad - 500034. Telangana, India. RICHA PERIWAL richaperiwal@drreddys.com USHA IYER ushaiyer@drreddys.com
Dr. Reddy's Laboratories
announces the launch of
Doxycycline Capsules,
Hyderabad India; May 3, 2024 - Dr.
Reddy's Laboratories Ltd. (BSE: 500124, NSE: DRREDDY, NYSE: RDY, NSEIFSC: DRREDDY, along with its subsidiaries together referred to as
"Dr. Reddy's"), today announced its launch of Doxycycline Capsules, 40 mg* in the U.S. market, a therapeutic generic equivalent
of ORACEA (doxycycline, USP) Capsules, 40 mg approved by the U.S. Food and Drug Administration (USFDA).
Dr. Reddy's Doxycycline Capsules, 40 mg*,
are supplied in bottle counts of 30.
Please click here to see the full prescribing
*Each capsule contains: 26 mg immediate-release
pellets and 14 mg delayed-release pellets equivalent to 40 mg of anhydrous doxycycline, USP.
a trademark of Galderma Holdings, S.A.
About Dr. Reddy's: Dr. Reddy's
Laboratories Ltd. (BSE: 500124, NSE: DRREDDY, NYSE: RDY, NSEIFSC: DRREDDY) is a global pharmaceutical company headquartered in Hyderabad,
India. Established in 1984, we are committed to providing access to affordable and innovative medicines. Driven by our purpose of Good
Health Can't Wait', we offer a portfolio of products and services including APIs, generics, branded generics, biosimilars
and OTC. Our major therapeutic areas of focus are gastrointestinal, cardiovascular, diabetology, oncology, pain management and dermatology.
Our major markets include - USA, India, Russia & CIS countries, China, Brazil and Europe. As a company with a history of deep
science that has led to several industry firsts, we continue to plan ahead and invest in businesses of the future. As an early adopter
of sustainability and ESG actions, we released our first Sustainability Report in 2004. Our current ESG goals aim to set the bar high
in environmental stewardship; access and affordability for patients; diversity; and governance. 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, 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, 2023. The company assumes no obligation to update any information

Frequently Asked Questions

What new product did Dr. Reddy's Laboratories launch?

Dr. Reddy's Laboratories launched Doxycycline Capsules, 40 mg in the U.S.

What is the therapeutic equivalent of Doxycycline Capsules?

Doxycycline Capsules are a generic equivalent of ORACEA, approved by the USFDA.

How many capsules are in each bottle of Doxycycline?

Each bottle of Doxycycline contains 30 capsules.

When was Dr. Reddy's Laboratories established?

Dr. Reddy's Laboratories was established in 1984.

What regions are major markets for Dr. Reddy's?

Dr. Reddy's major markets include the USA, India, Russia, and Europe.

Last updated: May 3, 2024