Dr Reddy’s Q1 Talking Points: Solid US Gains, Mark Cuban Cost Plus Drug Co, China

Strong Fiscal First Quarter For Dr Reddy's

A sharp upswing in the US business, an alliance with Mark Cuban’s venture and a buoyant outlook in markets like China augur well for Dr Reddy’s. Can the company sustain momentum for the rest of year?  

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Dr. Reddy's Laboratories Ltd. reported strong earnings in the first quarter of fiscal 2024, buoyed by an impressive run in the US amid continued gains from generic (g) Revlimid (lenalidomide).

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