Dr. Reddy’s Laboratories Limited is a trusted name in the healthcare industry, serving millions of patients with high quality, affordable, and innovative medicines. The company commenced its generics business in India in 1986 and has since become a leading pharmaceutical company. Dr. Reddy’s offers a wide range of products including generics, over-the-counter medications, APIs (Active Pharmaceutical Ingredients), biologics, and differentiated formulations.
The company operates through three core businesses: Pharmaceutical Services and Active Ingredients, Global Generics, and Proprietary Products. In the Pharmaceutical Services and Active Ingredients segment, Dr. Reddy’s is a global leader in the development, manufacturing, and supply of APIs. They also provide contract research, development, and manufacturing services.
Under the Global Generics segment, Dr. Reddy’s has finished dosage businesses in distribution-driven unbranded markets, as well as detailing-driven branded markets. Key markets for this segment include North America, Europe, India, China, and Russia.
In the Proprietary Products segment, Dr. Reddy’s focuses on developing differentiated formulations that offer enhanced benefits in terms of efficacy, ease of use, and meeting unmet patient needs.
Dr. Reddy’s has received several awards and recognitions for its excellence, including being recognized as India’s Best Managed Boards and Best Companies to Work For in the Biotechnology and Pharmaceuticals sector. They have also received awards for their corporate social responsibility initiatives and sustainability efforts.
The company has achieved significant milestones throughout its history, including expanding globally, acquiring product portfolios, and entering new segments such as nutrition. In 2020, Dr. Reddy’s Laboratories joined the Science Based Targets initiative (SBTi) and set GHG emission targets for the year 2030.
Overall, Dr. Reddy’s Laboratories is committed to providing accessible healthcare solutions and advancing the well-being of patients worldwide.
Dr. Reddy’s Laboratories Limited commenced its generics business in India in 1986 and is today a trusted name in the healthcare industry consistently serving the needs of millions of patients with high quality, affordable and innovative medicines across therapy areas. The company’s shares trade on the Bombay Stock Exchange and the National Stock Exchange in India and on the New York Stock Exchange in the United States.
Business area of Dr. Reddy’s Laboratories Limited
The company is a leading India-based pharmaceutical company headquartered and having its registered office in Hyderabad, Telangana, India. Through its three businesses – Pharmaceutical Services and Active Ingredients, Global Generics and Proprietary Products – the Company offers a portfolio of products and services, including Active Pharmaceutical Ingredients (APIs), Custom Pharmaceutical Services (CPS), generics, biosimilars and differentiated formulations.
Products
- Generics
- Over-the-counter
- APIs (Active Pharmaceutical Ingredients)
- Biologics
- Differentiated Formulations
Core Businesses
Pharmaceutical services & active ingredients
- Global leader in integrated development, manufacturing and supply of APIs.
- Contract research, development and manufacturing services.
Global Generics
- Finished dosage businesses in distribution-driven unbranded as well as detailing-driven branded markets.
- North America, Europe, India, China, Russia & CIS countries are key markets in this segment.
Proprietary Products
- Developing differentiated formulations that present significantly enhanced benefits in terms of efficacy, ease of use, and the resolution of unmet patient needs.
Awards & Recognitions
- India’s Best Managed Boards by Mint and Aon Hewitt and by Economic Times and Hays in their respective studies.
- India’s Best Companies to Work For in the Biotechnology and Pharmaceuticals sector by Great Place To Work Institute.
- ‘Best Places to Work’ in 2017 in New Jersey by NJBIZ.
- Global Generics & Biosimilar Award 2018 for CSR initiative of the year
- India Pharma Corporate Social Responsibility (CSR) programme of the year Award 2018 by Department of Pharmaceuticals, Government of India.
- Dr. Reddy’s ranked among the top 10 in the Forbes China 2018 list of leading Indian Companies in China.
- Dr. Reddy’s inclusion in the 2019 Bloomberg Gender-Equality Index.
- Global Generics & Biosimilars Award 2019: API supplier of the Year at the 6th Annual Global Generics & Biosimilars Awards.
- Winner of Golden Peacock International Award for Sustainability for the year 2019.
Milestones
- 1984: The birth of a dream
- 1991: From molecules to affordable medicines
- 1995: Expanding to reach patients in other countries
- 2001: Spreading wings globally
- 2007: Accelerating access to expensive therapies
- 2010: From medicines to health
- 2012: Strengthening capabilities
- 2014: Re-dedicating to patient-centricity
- 2015: Dr. Reddy’s Laboratories signs commercialization deal with Hatchtech
- 2016: Dr. Reddy’s completes acquisition of product portfolio from TEVA
- 2017: Dr. Reddy’s expands commercial operations in Europe
- 2018: Dr. Reddy’s Laboratories announces the launch of Tetrabenazine Tablets in the U.S. Market
- 2019: Dr. Reddy’s Laboratories enters Nutrition Segment with Celevida in India
- 2020: Dr. Reddy’s Laboratories joins Science Based Targets initiative (SBTi) and sets 2030 GHG emission targets
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