Dr Reddy's Adds To OTC Portfolio With Glenmark Deal

Acquires Anti-Allergy Brands In Russia, Ukraine, Kazakhstan And Uzbekistan

Dr Reddy's is poised to expand its OTC offering in Russia and certain CIS countries by snapping up a basket of allergy brands from fellow Indian firm Glenmark.

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• Source: Shutterstock

Dr Reddy's Laboratories is poised to expand its OTC offering in Russia and the Commonwealth of Independent States by acquiring a basket of allergy treatments from Glenmark Pharmaceuticals. The transaction is subject to the completion of certain precedent actions and closing activities.

Through the deal, Hyderabad-based Dr Reddy’s will gain the following brands, along with trademark, dossiers and patent rights for the...

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