Dr Reddys Laboratories
Dr Reddys Laboratories

Dr Reddys Laboratories

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Dr. Reddy's Laboratories is an Indian multinational pharmaceutical company located in Hyderabad, Telangana, India. The company was founded by Anji Reddy, who previously worked in the mentor institute Indian Drugs and Pharmaceuticals Limited. Dr. Reddy's manufactures and markets a wide range of pharmaceuticals in India and overseas. The company has over 190 medications, 60 active pharmaceutical ingredients for drug manufacture, diagnostic kits, critical care, and biotechnology products.

Dr. Reddy's began as a supplier to Indian drug manufacturers, but it soon started exporting to other less-regulated markets that had the advantage of not having to spend time and money on a manufacturing plant that would gain approval from a drug licensing body such as the U.S. Food and Drug Administration. By the early 1990s, the expanded scale and profitability from these unregulated markets enabled the company to begin focusing on getting approval from drug regulators for their formulations and bulk drug manufacturing plants - in more-developed economies. This allowed their movement into regulated markets such as the US and Europe. In 2014, Dr. Reddy Laboratories was listed among 1200 of India's most trusted brands according to the Brand Trust Report 2014, a study conducted by Trust Research Advisory, a brand analytics company.

Snapshot

Employees22,739
Market Cap$11.1 billion
Revenue$181.2 billion
5 Year Trendarrow trend up+4.2%
Net Income$15.3 billion
NYSERDY
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Total value of jobs:
$5,470,000
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Total Jobs:
5
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Average Pay:
$121,555
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Total Experts:
2
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% Masters:
56%

Top Experts at Dr Reddys Laboratories