India's Dr Reddy's falls on semaglutide supply delay due to API issue
BUZZ-India's Dr Reddy's falls on semaglutide supply delay due to API issue Updates
** Shares of Dr Reddy's Laboratories REDY.NS down as much as 6.5% at 1261.1 rupees
** Stock marks its highest intraday pct drop since January 2025
** The pharmaceuticals company says commercial supply of semaglutide will be delayed due to an issue associated with the active ingredient
** "There is no impact on patient safety or on the product's existing global regulatory filings," REDY says
** YTD, REDY stock up ~0.4%
(Reporting by Vijay Malkar)
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