15 Sep 2025 , 11:10 AM
Dr Reddy’s Laboratories Ltd. said on Friday that the US Food and Drug Administration (US FDA) has issued a Form 483 with five observations following an inspection of its biologics manufacturing facility at Bachupally, Hyderabad.
The inspection, conducted between September 4 and September 12, 2025, was a pre-approval review. In a stock exchange filing, the company said it will respond to the regulator within the stipulated timelines. The same facility was inspected by the US FDA earlier in October 2023.
Separately, the Hyderabad-based drugmaker this week announced a deal with Janssen Pharmaceutica NV, an affiliate of Johnson & Johnson, to acquire the Stugeron portfolio for $50.5 million. The agreement covers 18 markets across Asia-Pacific and EMEA, with India and Vietnam identified as key growth regions. Stugeron, which contains cinnarizine, is commonly prescribed for vestibular disorders and vertigo.
Financially, Dr Reddy’s reported first-quarter FY26 revenue of ₹8,542 crore, up from ₹7,672.7 crore in the same period last year. Net profit rose to ₹1,417.8 crore versus ₹1,392 crore a year earlier. EBITDA stood at ₹2,287 crore.
For feedback and suggestions, write to us at editorial@iiflcapital.com
Related Tags
IIFL Customer Care Number
(Gold/NCD/NBFC/Insurance/NPS)
1860-267-3000 / 7039-050-000
IIFL Capital Services Support WhatsApp Number
+91 9892691696
IIFL Capital Services Limited - Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213,IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248, DP SEBI Reg. No. IN-DP-185-2016, BSE Enlistment Number (RA): 5016
ARN NO : 47791 (AMFI Registered Mutual Fund Distributor)
This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.