Dr Reddy’s CEO On Payer Dynamics, China Commitment And Disruption

Dr Reddy’s CEO tells Scrip in an interview that it isn’t business as usual, in general, in the US, where it is refining its proprietary products strategy to focus on ‘bigger assets’ in the backdrop of the payer environment there. The Indian company is, however, upbeat on plans for China.

GV Prasad
DR REDDY'S CEO G V PRASAD

Dr. Reddy's Laboratories Ltd. (DRL) continues to chisel and recalibrate its operations in the backdrop of a tough business environment in key markets like the US, but the Indian firm also expects to put the pedal to the metal in China, a market where it has had a long-standing base.(Also see "Big Cost Cuts At Dr Reddy’s, US Big Ticket Launch Progress Is Key" - Scrip, 27 July, 2018.)(Also see "India Pharma Firms Eye China, Dr Reddy’s Sees ‘Great Opportunity’ There" - Scrip, 29 October, 2018.)

In an interview with Scrip at the sidelines of the recently concluded India Pharmaceutical Forum in Mumbai, DRL’s co-chair and CEO GV Prasad maintained that only firms that operate in...

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