United States

Dr.Reddy's Laboratories Ltd (RDY)

RDY on New York Consolidated

17 Jan 2017
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$0.06 (+0.14%)
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Latest Key Developments (Source: Significant Developments)

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

Spectrum Pharma says Dr Reddy's will be permitted to market generic version of Folotyn in US on Dec 1, 2022 or earlier
Tuesday, 31 May 2016 07:02am EDT 

Spectrum Pharmaceuticals : Co's unit, dr. Reddy's labs, ltd entered into settlement agreement to resolve their patent litigation relating to folotyn .dr. Reddy's will be permitted to market generic version of folotyn in u.s. On december 1, 2022 or earlier under certain circumstances.  Full Article

Dr. Reddy's Labs acquires six OTC brands from Ducere Pharma
Wednesday, 25 May 2016 05:27am EDT 

Dr.Reddy's Laboratories Ltd : Dr. Reddy's enters the branded consumer health arena through the acquisition of six OTC brands . Co acquired six OTC brands from Ducere Pharma .  Full Article

Dr.Reddy's expects more launches in North America in fiscal 2017
Thursday, 12 May 2016 07:31am EDT 

Dr.Reddy's Laboratories Ltd : COO mukherjee says spent 136 crore rupees in Q4 on remediation of plants under November warning letter . COO says expect more product launches in North America in fiscal 2017 versus a year earlier . Labs COO says to send final update to FDA on warning letter by may with nearly 90 percent of issues resolved . Further company coverage [REDY.NS] ((Bengaluru Newsroom; +91 80 6749 1130)).  Full Article

Dr.Reddy's Laboratories March-qtr consol profit falls
Thursday, 12 May 2016 03:47am EDT 

Dr.Reddy's Laboratories Ltd : March-quarter consol net profit 746 million rupees; March-quarter consol net income from sales and services 37.56 billion rupees . Not got approval from venezuelan government to repatriate amount beyound $4 million recieved during the year . Current outstanding recievable from venezeulan unit up to 3.56 billion rupees presented as exceptional item . recommended final dividend of INR 20 per share .  Full Article