Get App
Download App Scanner
Scan to Download
Advertisement
This Article is From Jun 24, 2022

Dr. Reddy’s - Growing The Core, Building The Future: ICICI Securities

Dr. Reddy’s - Growing The Core, Building The Future: ICICI Securities
A technician performing an experiment at Dr. Reddy's Labs API unit. (Source: Company website)

BQ Prime's special research section collates quality and in-depth equity and economy research reports from across India's top brokerages, asset managers and research agencies. These reports offer BQ Prime's subscribers an opportunity to expand their understanding of companies, sectors and the economy.

ICICI Securities Report

Dr. Reddy's Laboratories Ltd. hosted an investor day call on June 21, 2022. We have summarised the key highlights below:

Dr. Reddy's has devised a two-pronged strategy to drive long-term growth, classified as Horizon 1 and Horizon 2.

Horizon 1 – Growing the core, short-medium term drivers of growth

  • US: Grow injectables business and strengthen the over-the-counter segment.

  • Europe: Aims to build scale in EU5 (Germany, UK, Spain, France and Italy), targets selective expansion to other markets and more first to market launches.

  • India: Build big brands, win in chosen therapies/disease areas through differentiated portfolio and inorganic play, and improve productivity.

  • Emerging market: Grow mega brands in Rx and OTC.

Horizon 2 - Building the future, short-long term drivers of growth.

  • US: Focus on biosimilar, drug device combinations and immuno-oncology.

  • Europe: Aims to grow branded businesses, pioneer into new spaces (eg: pharmaceutical cannabis and scale-up of biosimilars).

  • India: Target segments such as nutraceuticals, OTC, biologics and CAR-T, new chemical entity/new biologic entity and disease management.

  • Emerging market: Focus on differentiated formulations, nutrition portfolio, biologics, NCE.

Click on the attachment to read the full report:

DISCLAIMER

This report is authored by an external party. BQ Prime does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BQ Prime.

Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

Essential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.

Newsletters

Update Email
to get newsletters straight to your inbox
⚠️ Add your Email ID to receive Newsletters
Note: You will be signed up automatically after adding email

News for You

Set as Trusted Source
on Google Search