According to the petition, Dr Reddy’s has around 8.47 lakh units of unsold Rebalanz VITORS across its apple, orange and mango variants, with a total realisable value of Rs 1.39 crore, as of October 15
Emkay Global Financial recommended reduce rating on Dr Reddys with a target price of Rs 1200 in its research report dated October 26, 2025.
The move is part of a broader push to onshore pharmaceutical production and reduce reliance on foreign suppliers, particularly from India and China.
The US government has long sought to shift pharmaceutical manufacturing back to domestic soil, citing both economic and national security concerns.
At close, the Sensex was down 542.47 points or 0.66 percent at 82,184.17, and the Nifty was down 157.80 points or 0.63 percent at 25,062.10. About 1564 shares advanced, 2324 shares declined, and 155 shares were unchanged.
Dr Reddy's Laboratories share price: The focus has now shifted to Semaglutide, the GLP-1 agonist being pursued as a generic version of Ozempic/Wegovy.
Q1 may have held steady, but the second half of FY26 will test Dr Reddy’s transition strategy. Without Revlimid, and with US pressure persisting, the Street will now watch execution timelines — not just guidance — on Semaglutide, biosimilars and CDMO to gauge whether growth can re-accelerate.
Brokerages expect steady revenue growth for Dr Reddy’s in Q1FY26, but caution that US price erosion and product mix could weigh on margins and bottomline.
Morgan Stanley sees earnings growth in the pharma sector moderating in FY25–27, though robust balance sheets could support investments in high-growth areas.
At close, the Sensex was up 1,000.36 points or 1.21 percent at 83,755.87, and the Nifty was up 304.25 points or 1.21 percent at 25,549.00. About 1983 shares advanced, 1855 shares declined, and 151 shares unchanged.
Dr Reddy's share price: Citi believes that market expectations for the GLP-1 opportunity in Canada may be too optimistic, based on its latest deep dive into the segment.
Justice Amit Bansal, presiding over the matter, recorded the defendants’ undertaking that they would not sell the impugned drug in India until the next hearing, scheduled for August 19, 2025. The court also took note of Novo Nordisk’s contention that even the export of an infringing product constitutes patent infringement under Indian law.
The USFDA is expected to submit a report within 180 days of the order, reviewing regulations and guidance on development of domestic pharma manufacturing. The Executive Order also proposes steps to eliminate ' duplicative or unnecessary requirements' in regulations.
The company plans to introduce Beyfortus, which contains the monoclonal antibody, nirsevimab, in a prefilled injection used for the prevention of respiratory syncytial virus (RSV) lower respiratory tract disease (LRTD) in newborns and infants
In recent past, U.S President Trump had signalled at potential tariffs on pharma imports as well, calling for bringing overseas manufacturing back to America.
Prasad said shifting all these products (manufacturing) from worldwide into US is not practical.
In 2024, India exported drugs worth around $8.73 billion to the US — about 31 percent of its total pharma exports, while the US exported $635.37 million worth of pharmaceuticals to India.
Emkay Global Financial is bearish on Dr Reddys recommended sell rating on the stock with a target price of Rs 1150 in its research report dated January 24, 2025.
Earlier yesterday, HDFC Bank, Hindustan Unilever (HUL), Bharat Petroleum (BPCL), HUDCO, Polycab India, Tata Communications and Heritage Foods announced their Q3 results.
With today's fall, the Nifty 50 re-entered the correction territory as it has now fallen over 10 percent from its record high.
Senores has an interesting business model, focusing on generic product identification and development. For the commercialisation and marketing of those products, it has tied up with large generic players.
The Department of State Revenue, Bostandyk district of Almaty, Kazakhstan has imposed the penalty on Dr Reddy's Laboratories Kazakhstan LLP towards disallowance of claim of certain expenses by the tax authorities for the calendar year 2021, the drug firm said in a regulatory filing
Emkay Global Financial is bearish on Dr Reddy's recommended sell rating on the stock with a target price of Rs 1070 in its research report dated November 06, 2024.
Dr Reddy's ramps up R&D investment with a focus on biosimilars, generics, and biologics, while expecting continued gains from Revlimid amid robust quarterly revenue growth.
Lenacapavir is a USFDA approved drug used for treatment of human immunodeficiency virus type 1 (HIV-1) infection