Edition:
United States

Dr.Reddy's Laboratories Ltd (RDY.N)

RDY.N on New York Stock Exchange

39.68USD
24 Mar 2017
Change (% chg)

$0.06 (+0.15%)
Prev Close
$39.62
Open
$39.72
Day's High
$39.98
Day's Low
$39.54
Volume
49,387
Avg. Vol
61,516
52-wk High
$54.70
52-wk Low
$39.04

Latest Key Developments (Source: Significant Developments)

Dr Reddys says preparing response on observations received from US FDA
Tuesday, 21 Mar 2017 02:59am EDT 

Dr.Reddy's Laboratories Ltd : Clarifies on news item "US FDA finds repeat observations from 2015 warning letter. Failed to maintain complete data to ensure compliance." .Says preparing response and will submit it to FDA.  Full Article

Cytosorbents Corp enters into a partnership with Dr. Reddy's laboratories
Thursday, 16 Mar 2017 07:00am EDT 

Cytosorbents Corp : Have entered into a partnership with Dr. Reddy's laboratories ltd for South African market . Dr. Reddy's has exclusive rights to distribute Cytosorb for intensive care, cardiac surgery, other hospital applications in South Africa . Multi-year agreement is subject to annual minimum purchases of Cytosorb to maintain exclusivity .Financial terms of this agreement have not been disclosed.  Full Article

Dr.Reddy's Labs gets form 483 with 3 observations from USFDA for audit of Miryalaguda plant
Tuesday, 21 Feb 2017 08:10am EST 

Dr.Reddy's Laboratories Ltd : Says the audit of API manufacturing plant at Miryalaguda, by the US FDA, has been completed on February 21, 2017 .Co has been issued a form 483 with three observations.  Full Article

Dr.Reddy's Labs says co not served with legal papers in matter as in Mezzion's press release
Friday, 27 Jan 2017 04:57am EST 

Dr.Reddy's Laboratories Ltd : Dr.Reddy's Laboratories clarifies on news item "Korean biotech firm Mezzion Pharma files suit against Dr Reddy's laboratories." .Dr.Reddy's Laboratories Ltd says co not been served with legal papers or process in matter as in Mezzion's press release.  Full Article

Dr. Reddy's Labs says U.S. FDA re-audit of co's plants part of "usual activity"
Thursday, 12 Jan 2017 03:13am EST 

Dr.Reddy's Laboratories Ltd : Clarifies on news item "FDA to re-audit three Dr.Reddy's labs plants" .Says believes that schedule of audit by USFDA is usual activity.  Full Article

Sucampo Q3 adjusted EPS $0.28
Wednesday, 9 Nov 2016 06:30am EST 

Sucampo Pharmaceuticals Inc : Sucampo pharmaceuticals inc - company raises 2016 guidance and provides preliminary 2017 guidance . Sucampo pharmaceuticals inc - announces settlement with dr. Reddy's laboratories for amitiza . Sees 2016 total revenue $220.0 million to $225.0 million . Fy2016 earnings per share view $1.03, revenue view $205.7 million -- Thomson Reuters I/B/E/S . Sees 2016 adjusted ebitda $110.0 million to $115.0 million . Sucampo pharmaceuticals - phase 3 trial of amitiza in pediatric functional constipation in children 6-17 yrs of age did not achieve primary endpoint . Sucampo pharmaceuticals inc- completed a settlement and license agreement with dr. Reddy's laboratories, ltd. And certain of its affiliates . Sucampo pharmaceuticals - agreement resolves patent litigation in united states related to sucampo's amitiza 8 mcg and 24 mcg soft gelatin capsules . Sucampo pharmaceuticals - agreement provides for an entry date more than six years from wednesday and profit sharing on product sales by dr. Reddy's . Sucampo reports third quarter 2016 financial results . Q3 adjusted earnings per share $0.28 . Q3 gaap earnings per share $0.19 . Q3 revenue $57.9 million versus i/b/e/s view $51.4 million . Q3 earnings per share view $0.27 -- Thomson Reuters I/B/E/S .Sees fy 2016 adjusted earnings per share $1.20 to $1.25.  Full Article

Dr.Reddy's Labs exec says co has addressed all FDA requirements on warning letters
Tuesday, 25 Oct 2016 09:33am EDT 

Dr.Reddy's Laboratories Ltd : Exec says have addressed all FDA requirements on warning letters . Exec says pricing erosion has become a part of U.S. business model Further company coverage: [REDY.NS] (Bengaluru newsroom) ((ReutersIndia.snapping@thomsonreuters.com ;)).  Full Article

Dr.Reddy's Labs announces entry into Columbia
Friday, 7 Oct 2016 09:11am EDT 

Dr.Reddy's Laboratories Ltd :Announces entry into Columbia.  Full Article

DR. Reddy's laboratories says launch of Bupropion HCL extended-release tablets, USP (sr) in U.S. market
Friday, 2 Sep 2016 11:32am EDT 

Dr.Reddy's Laboratories Ltd :Launch of bupropion hcl extended-release tablets, usp (sr) in u.s. Market.  Full Article

Dr.Reddy's Laboratories says June-qtr consol net profit falls about 76.2 pct
Tuesday, 26 Jul 2016 05:12am EDT 

Dr.Reddy's Laboratories Ltd : June -quarter pat 4.09 billion rupees - tv . June -quarter consol net profit 1.54 billion rupees; consol net sales inr 31.64 billion . Consensus forecast for June-quarter profit was 4.95 billion rupees . Consol net profit in June-quarter last year was 6.47 billion rupees as per Ind-AS; consol net sales was 37.01 billion rupees . In quarter, top and bottom lines impacted by fall in volume growth, mainly in U.S. markets, loss of business in Venezuela . Co faced challenges in quarter including price erosion and delayed launches due to warning letter, which significantly impacted earnings .  Full Article

More From Around the Web

BRIEF-Cytosorbents Corp enters into a partnership with Dr. Reddy's laboratories

* Have entered into a partnership with Dr. Reddy's laboratories ltd for South African market