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DRREDDY — Dr. Reddy's Laboratories News Story

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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)

((VijayDattaram.Malkar@thomsonreuters.com;))

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