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Dr. Reddy's Laboratories

Global generic medicines and APIs exporter

Overview

Dr. Reddy's Laboratories focuses on affordable generic medicines and pharmaceutical ingredients. Its products include generic drugs and active pharmaceutical ingredients (APIs) produced in-house and distributed worldwide. The company grew from a Hyderabad-based startup in 1984, becoming the first Indian firm to export APIs to Europe in 1986 and to enter the U.S. market in the early 1990s, culminating in a 2001 NYSE listing that underscored its global standards. Today, the group operates in over 150 countries, supported by ongoing research and development to create new and improved medications. The core goal is to improve global health by providing high-quality, affordable healthcare solutions at scale.

Significant Headcount Growth

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About Dr. Reddy's Laboratories

Simplify's Rating
Why Dr. Reddy's Laboratories is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Healthcare

Company Size

10,001+

Company Stage

IPO

Headquarters

Hyderabad, India

Founded

1984

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What believers are saying

  • Brazil granted semaglutide authorization on November 5, 2026, unlocking Latin American demand.
  • Lenacapavir tentatively approved November 2, 2026, with first supplies targeted before year-end.
  • Q2 FY27 EBITDA margin rebounded to 20.6%, while India and emerging markets grew fast.

What critics are saying

  • Semaglutide API quality failures triggered July 2026 provisions, recalls, and supply interruptions.
  • North America revenue fell 23% in Q2 FY27 as lenalidomide declined sharply.
  • FSSAI’s October 2026 Celevida notice threatens fines, relabeling, and broader GLP-1 scrutiny.

What makes Dr. Reddy's Laboratories unique

  • Dr. Reddy’s paired FDA lenacapavir approval with Unitaid and CHAI in 2026.
  • It sells semaglutide through partner launches across Canada, Brazil, India, and emerging markets.
  • Its scale spans 120 licensed countries for lenacapavir and 150-plus markets globally.

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Funding

Total Funding

$9.4M

Above

Industry Average

Funded Over

2 Rounds

Post IPO Equity funding comparison data is currently unavailable. We're working to provide this information soon!
Post IPO Equity Funding Comparison Coming Soon

Benefits

  • Health Insurance
  • Life Insurance
  • Parental Leave
  • Relocation Assistance
  • Professional Development Budget

Stock Price

Growth & Insights and Company News

6 month growth

10%

1 year growth

12%

2 year growth

12%
Yahoo Finance
Nov 5th, 2026
Dr Reddy's wins Brazil approval to sell generic Ozempic after April rejection

Indian drugmaker Dr Reddy's Laboratories said on Thursday it received approval in Brazil to market and sell a generic version of Novo Nordisk's diabetes drug Ozempic. Brazil's National Health Surveillance Agency (ANVISA) authorised generic semaglutide for adults with insufficiently controlled type 2 diabetes, alongside diet and exercise. It had denied approval in April after the application failed to meet all requirements. The once-weekly drug will come in 2mg and 4mg doses in a pre-filled injector pen. Brazil has 16.6 million adults with diabetes, the sixth-highest number worldwide, Dr Reddy's said. The company is counting on generic semaglutide as a major growth driver in India and a few other markets. It will relaunch the drug in Canada this quarter, after recalling batches earlier this year over an impurity, and targets Latin America and Africa in the coming months.

Business Standard
Nov 2nd, 2026
Approval of India-made HIV-prevention shot raises hopes in poorer nations.

Approval of India-made HIV-prevention shot raises hopes in poorer nations. US regulators have approved a generic version of lenacapavir, a long-acting HIV-prevention drug, for sale in low-income countries, potentially widening access to preventive treatment. US regulators have approved a generic version of lenacapavir for sale in low-income countries, a move that could expand access to long-acting medicines for HIV prevention. The US Food and Drug Administration (FDA) has approved an India-made generic version of the world's only twice-a-year injection to prevent HIV, marking a major step towards making the drug available at an affordable price in 120 low- and middle-income countries. The announcement was made on Monday morning by the manufacturer and organisations that helped accelerate the development of the medication, called lenacapavir. The generic was developed by India-based Dr Reddy's Laboratories under an agreement brokered by Unitaid, the Clinton Health Access Initiative and Wits RHI, a health research institute in Africa. The partners sought to accelerate development and make the drug available at an affordable price. The drug is expected to cost USD 40 a year per person in the countries where it will be available, the same price as daily preventive pills currently available. However, the shots are much more convenient because they are needed far less frequently and nearly eliminated new infections in two groundbreaking studies of people at high risk. People do not always take their daily medication, "and if you do not take it, you cannot get protected against HIV," said Carmen Perez Casas, HIV lead for Unitaid, a global health agency. "With lenacapavir, we are much more hopeful." Ultimately, advocates said, the medication should help drive down cases of HIV and AIDS, as well as deaths. According to the WHO, 41 million people worldwide were living with HIV and 570,000 died from HIV-related causes last year. With an affordable, high-quality generic medication now available, "we could help to scale this to the 20 million people around the world who need PrEP," said Carolyn Amole, who leads the HIV programme for the Clinton Health Access Initiative. PrEP, or pre-exposure prophylaxis, is prescription medication taken by people at risk of HIV before being exposed to the virus. "And if we scale to those levels," she added, "we can actually begin to bring an end to the HIV epidemic." Generic lenacapavir cannot be sold in the US because a brand-name version, Yeztugo, made by Gilead Sciences and approved last year, is still protected by a patent. The US list price for that version, meaning the cost before insurance, is USD 28,218 a year. Gilead officials say that is similar to the cost of some other types of PrEP. The new generic was approved by the FDA under a longstanding practice designed to ensure the quality of HIV-related drugs provided to other countries by the US government. Approval by the US FDA can speed up regulatory approval in many other countries. The approval is considered "tentative", the FDA's standard designation for generics while the original drug remains under patent. Until now, Gilead has been the sole supplier of lenacapavir, and demand has outstripped supply in low- and middle-income countries. Last year, Gilead established royalty-free licensing agreements with six generic manufacturers to enable production. Those voluntary licences cover specific countries in sub-Saharan Africa, Asia and Latin America. "We share the sense of urgency around expanding access to lenacapavir for HIV prevention," a Gilead spokesperson said in a statement. "We believe we have enabled the fastest and most sustainable path to expanding access for communities most affected by HIV." Common side effects of lenacapavir include injection-site reactions, headache and nausea. People must also be tested for HIV before starting the drug and before each injection. Drug-resistant HIV has been identified when the medication is used by people with an undiagnosed HIV infection. "For any kind of PrEP, you need to have HIV testing in advance," said Saiqa Mullick, director of implementation science with Wits RHI. "For many of the low- and middle-income countries, that is a rapid test." Generic lenacapavir is expected to start becoming available in some places within weeks, organisations involved in the effort said. However, it could take longer in countries that require the drug to undergo their own approval processes before it can be administered. Generic versions made by the other manufacturers have yet to receive FDA approval. "The work is not done. Now, we need the funding to actually buy it for everyone who needs it and then we need to do the hard work of getting it to the millions of people who need it and want it," Amole said. "But this is a great milestone." Perez Casas said she was optimistic that scientific advances, along with political will and funding, could help the world curb HIV. "Now," she said, "we have the tools."

Associated Press
Nov 2nd, 2026
FDA approves $40-a-year generic HIV prevention shot for 120 low- and middle-income countries

The US Food and Drug Administration (FDA) has approved a generic version of lenacapavir, the only twice-a-year shot to prevent HIV. The move should make the drug cheaper and faster to reach 120 low- and middle-income countries. Developed by India-based Dr. Reddy's Laboratories, the generic is expected to cost $40 a year per person, the same as daily preventive pills. The shots nearly eliminated new infections in two studies of high-risk people. The approval is "tentative," the FDA's standard label for generics while the original remains under patent. Gilead Sciences' brand-name version, Yeztugo, lists at $28,218 a year in the US. Generic lenacapavir could become available in some places within weeks. Funding to buy it remains the next hurdle.

Brown University
Oct 27th, 2026
Premama Wellness

Founded in 2011 by Dan Aziz ’11, Premama is a maternity wellness company that offers supplements for every stage of the maternity journey, from trying to conceive to postpartum, as well as medical device tests for men and women.

Yahoo Finance
Oct 25th, 2026
Dr Reddy's Q2 revenue falls 1.5% to $905M as margin recovers to 20.6%

Dr Reddy's Laboratories reported second-quarter revenue of INR8,671 crore ($905 million), down 1.5% year on year but up 7.4% from the previous quarter. Lower sales of lenalidomide drove the decline. Profit after tax was INR925 crore ($97 million). EBITDA margin was 20.6%, and gross margin rose to 52.1%. The company targets a gross margin of about 55%. North America generics revenue fell 29% year on year to $264 million. India grew 17% and emerging markets 84%. Dr Reddy's expects to resume semaglutide supply in November 2026. The US Food and Drug Administration's decision date for its abatacept biosimilar is December 22, 2026.

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