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Big Cost Cuts At Dr Reddy’s, US Big Ticket Launch Progress Is Key

 
• By Anju Ghangurde

Massive reorganization efforts are underway at Dr Reddy’s as it recalibrates costs; an antibiotics site is expected to be sold soon as part of these efforts and more may be in store. Management commentary was, however, upbeat around the growth outlook for the US business, with visibility of 15-20 launches in FY 2019.

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A MASSIVE REORGANIZATION OF SYSTEMS AND PROCESSES IS UNDERWAY AT DR REDDY'S

Dr. Reddy's Laboratories Ltd. is pushing ahead with sharp cost optimization plans across its operations – manufacturing, R&D and manpower requirements, among other aspects, are all under scrutiny as the firm strives to emerge leaner and more nimble.

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