Form 6-K
FORM 6-K
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16
of the Securities Exchange Act of 1934
For the Month of March 2011
Commission File Number 1-15182
DR. REDDYS LABORATORIES LIMITED
(Name of Registrant)
7-1-27, Ameerpet
Hyderabad, Andhra Pradesh 500 016, India
+91-40-23731946
(Address of Principal Executive Offices)
Indicate by check mark whether registrant files or will file annual reports under cover of Form
20-F or Form 40-F.
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by
Regulation S-T Rule 101(b)(1): o
Note: Regulation S-T Rule 101(b)(1) only permits the submission in paper of a Form 6-K if submitted
solely to provide an attached annual report to security holders.
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by
Regulation S-T Rule 101(b)(7): o
Note: Regulation S-T Rule 101(b)(7) only permits the submission in paper of a Form 6-K if submitted
to furnish a report or other document that the registrant foreign private issuer must furnish and
make public under the laws of the jurisdiction in which the registrant is incorporated, domiciled
or legally organized (the registrants home country), or under the rules of the home country
exchange on which the registrants securities are traded, as long as the report or other document
is not a press release, is not required to be and has not been distributed to the registrants
security holders, and, if discussing a material event, has already been the subject of a Form 6-K
submission or other Commission filing on EDGAR.
Indicate by check mark whether by furnishing the information contained in this Form, the registrant
is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the
Securities Exchange Act of 1934.
If Yes is marked, indicate below the file number assigned to registrant in connection with Rule
12g3-2(b):
Not applicable.
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Press Release
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Dr. Reddys Laboratories Ltd. |
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7-1-27 Ameerpet |
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Hyderabad 500 016 India |
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Tel: 91 40 373 1946 |
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Fax: 91 40 373 1955 |
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www.drreddys.com |
Dr. Reddys launches Levocetirizine tablets in US
Hyderabad, India, March 25, 2011 Dr. Reddys Laboratories (NYSE: RDY) has launched
Levocetirizine tablets (5mg), a bioequivalent generic version of Xyzal® tablets in the US market.
The United States Food & Drug Administration (USFDA) approved Dr. Reddys ANDA for Levocetirizine
tablets on February 24, 2011. Levocetirizine had total U.S. sales of approximately $238 million for
the twelve months ending September 30, 2010 according to IMS Health.
Dr. Reddys Levocetirizine tablets are available in 90 count bottles.
Disclaimer
This press release includes forward-looking statements, as defined in the U.S. Private Securities
Litigation Reform Act of 1995. We have based these forward-looking statements on our current
expectations and projections about future events. Such statements involve known and unknown risks,
uncertainties and other factors that may cause actual results to differ materially. Such factors
include, but are not limited to, changes in local and global economic conditions, our ability to
successfully implement our strategy, the market acceptance of and demand for our products, our
growth and expansion, technological change and our exposure to market risks. By their nature, these
expectations and projections are only estimates and could be materially different from actual
results in the future.
About Dr. Reddys
Dr. Reddys Laboratories Ltd. (NYSE: RDY) is an integrated global pharmaceutical company, committed
to providing affordable and innovative medicines for healthier lives. Through its three businesses
- Pharmaceutical Services and Active Ingredients, Global Generics and Proprietary Products Dr.
Reddys offers a portfolio of products and services including APIs, custom pharmaceutical services,
generics, biosimilars, differentiated formulations and NCEs. Therapeutic focus is on
gastro-intestinal, cardiovascular, diabetology, oncology, pain management, anti-infective and
pediatrics. Major markets include India, USA, Russia and CIS, Germany, UK, Venezuela, S. Africa,
Romania, and New Zealand. For more information, log on to: www.drreddys.com
Xyzal® is a registered trademark of the UCB Group of companies.
IMS National Sales Perspectives: Retail and Non-Retail MAT 09/2010
CONTACT INFORMATION
Investors and Financial Analysts:
Kedar Upadhye at kedaru@drreddys.com or on +91-40-66834297
Raghavender R at raghavenderr@drreddys.com or on +91-40-66511529
Milan Kalawadia (North America) at mkalawadia@drreddys.com or on +1-9082034931
Media:
Rajan S at rajans@drreddys.com or on +91-40- 66511725
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Press Release
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Dr. Reddys Laboratories Ltd. |
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7-1-27 Ameerpet |
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Hyderabad 500 016 India |
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Tel: 91 40 373 1946 |
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Fax: 91 40 373 1955 |
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www.drreddys.com |
Dr. Reddys announces completion of the acquisition of US penicillin facility and products from GlaxoSmithKline
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Acquisition completed on March 29, 2011 |
Hyderabad, India, March 30, 2011:
Dr. Reddys Laboratories (NYSE: RDY) today announced the completion of the acquisition of
GlaxoSmithKlines (GSK) United States oral penicillin facility and product portfolio pursuant to
the agreement signed and announced by the companies on Nov 23, 2010. As a result of the
acquisition, Dr. Reddys assumes the ownership of the penicillin manufacturing site in Bristol,
Tennessee, United States, and rights for the Augmentin® and Amoxil® brands in the United States.
GSK will retain the existing rights for these brands outside the United States. Further financial
terms and conditions of the transaction are not being disclosed.
Disclaimer
This press release includes forward-looking statements, as defined in the U.S. Private Securities
Litigation Reform Act of 1995. We have based these forward-looking statements on our current
expectations and projections about future events. Such statements involve known and unknown risks,
uncertainties and other factors that may cause actual results to differ materially. Such factors
include, but are not limited to, changes in local and global economic conditions, our ability to
successfully implement our strategy, the market acceptance of and demand for our products, our
growth and expansion, technological change and our exposure to market risks. By their nature, these
expectations and projections are only estimates and could be materially different from actual
results in the future.
Trademarks
Brand names appearing in italics throughout this document are trademarks of GSK.
About Dr. Reddys
Dr. Reddys Laboratories Ltd. (NYSE: RDY) is an integrated global pharmaceutical company, committed
to providing affordable and innovative medicines for healthier lives. Through its three businesses
- Pharmaceutical Services and Active Ingredients, Global Generics and Proprietary Products Dr.
Reddys offers a portfolio of products and services including APIs, custom pharmaceutical services,
generics, biosimilars, differentiated formulations and NCEs. Therapeutic focus is on
gastro-intestinal, cardiovascular, diabetology, oncology, pain management, anti-infective and
pediatrics. Major markets include India, USA, Russia and CIS, Germany, UK, Venezuela, S. Africa,
Romania, and New Zealand. For more information, log on to: www.drreddys.com
CONTACT INFORMATION
Investors and Financial Analysts:
Kedar Upadhye at kedaru@drreddys.com or on +91-40-66834297
Raghavender R at raghavenderr@drreddys.com or on +91-40-66511529
Milan Kalawadia (USA) at mkalawadia@drreddys.com or on +1-908-203-4931
Media:
S Rajan at rajans@drreddys.com or on +91-40- 66511725
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Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused
this report to be signed on its behalf by the undersigned, thereunto duly authorized.
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DR. REDDYS LABORATORIES LIMITED
(Registrant)
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By: |
/s/ Sandeep Poddar
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Date: March 31, 2011 |
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Name: |
Sandeep Poddar |
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Title: |
Company Secretary |
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