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Cyberattacked Dr. Reddy’s Keeps Eye On Sputnik Plans

'Controlled And Cautious' Recovery

 
• By Anju Ghangurde

Dr Reddy’s management clears air on ransomware attack and says all critical operations are being enabled in a 'controlled and cautious' manner. The Indian firm also shared a timeline for its partnered Russian COVID-19 vaccine amid a free supply chorus in India.

Cyber security (Rattanamanee Patpong/Shutterstock.com)
Dr Reddy's Launches Containment Effort Post Ransomware Attack • Source: Shutterstock (PATPONG)

Dr. Reddy's Laboratories Ltd. management fielded a volley of questions at its second quarter fiscal 2021 earnings discussion around two hot issues - the company's recent cybersecurity breach - which has now been identified as a ransomware attack - and progress with the partnered Russian COVID-19 vaccine candidate Sputnik V.

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