FORM 6-K
FORM 6-K
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16
of the Securities Exchange Act of 1934
For the Month of September 2008
Commission File Number 1-15182
DR. REDDYS LABORATORIES LIMITED
(Name of Registrant)
7-1-27, Ameerpet
Hyderabad, Andhra Pradesh 500 016, India
+91-40-23731946
(Address of Principal Executive Offices)
Indicate by check mark whether registrant files or will file annual reports under cover of Form
20-F or Form 40-F.
Form 20-F þ Form 40-F o
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by
Regulation S-T Rule 101(b)(1): o
Note: Regulation S-T Rule 101(b)(1) only permits the submission in paper of a Form 6-K if submitted
solely to provide an attached annual report to security holders.
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by
Regulation S-T Rule 101(b)(7): o
Note: Regulation S-T Rule 101(b)(7) only permits the submission in paper of a Form 6-K if submitted
to furnish a report or other document that the registrant foreign private issuer must furnish and
make public under the laws of the jurisdiction in which the registrant is incorporated, domiciled
or legally organized (the registrants home country), or under the rules of the home country
exchange on which the registrants securities are traded, as long as the report or other document
is not a press release, is not required to be and has not been distributed to the registrants
security holders, and, if discussing a material event, has already been the subject of a Form 6-K
submission or other Commission filing on EDGAR.
Indicate by check mark whether by furnishing the information contained in this Form, the registrant
is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the
Securities Exchange Act of 1934.
Yes o No þ
If Yes is marked, indicate below the file number assigned to registrant in connection with Rule
12g3-2(b):
Not applicable.
Table of Contents
(1) |
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Press Release, Dr Reddys announces partnership with Cosmederm Technologies for Indian distribution of
proprietary skin care products September 4, 2008. |
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Press Release, Dr. Reddys formally announces its US Specialty Business, Promius Pharma, LLC, September 18, 2008. |
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Press Release, Dr. Reddys enters the respiratory inhalers market in India with the launch of Combihale and
Redihaler, September 25, 2008. |
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Exhibit 99.1
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Press Release
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[DR. REDDYS LOGO] |
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Dr. Reddys Laboratories Ltd. |
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7-1-27 Ameerpet |
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Hyderabad 500 016 India |
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Tel: 91 40 373 1946 |
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Fax: 91 40 373 1955 |
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www.drreddys.com |
Dr Reddys announces partnership with Cosmederm Technologies for Indian distribution of proprietary
skin care products
Forays into aesthetic dermatology segment in India
September 04, 2008, Hyderabad: Dr. Reddys Laboratories Ltd. (NYSE: RDY) has announced a licensing
and distribution agreement with Cosmederm Technologies, a US based specialty pharmaceutical company
focused on dermatology and aesthetic medicine. The agreement grants Dr. Reddys exclusive rights to
distribute Cosmederm Technologies unique skin care products throughout India.
Cosmederms proprietary technology allows for the formulation of highly potent, non-irritating skin
care products in the areas of anti-aging, acne, pruritus, rosacea and others. The partnership is
for two product lines:
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REFINITY peel kits (Glycolic acid 70%) and |
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COSMEDERM peel kits (Glycolic acid 50%) |
Through this partnership Dr. Reddys enters the aesthetic dermatology segment and consolidates its
position in cosmeceuticals.
Commenting on the partnership, Jaspal Singh Bajwa, President Branded Formulations Group said,
Cosmederms proprietary technology is exceptional in its ability to allow the formulation of
highly effective skin care products. We are very excited to offer these unique products throughout
the Indian market and expect the lines to quickly become leaders in the area of chemical peels and
anti-aging.
The opportunity to work with Dr. Reddys and introduce our products to the Indian consumers is a
great milestone for Cosmederm. Dr. Reddys is a global brand and a very valuable partner for us,
said Sean Edwards President, Cosmederm Technologies.
Notes to the editor:
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As per our estimates the market for Aesthetic Dermatology Segment is about Rs 100 crores
growing at the rate of more than 50%. |
Brief mode of action:
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Glycolic acid in higher concentrations is known to cause epidermal peeling which improves
the skin tone, color and glow. |
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It is indicated in pigmentation disorders as well as skin wrinkles |
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Other brands of Dr.Reddys in the dermatology segment are Mintop, Venusia, Niltan, Clearz
and Antoxid-HC |
Disclaimer
This press release includes forward-looking statements, as defined in the U.S. Private Securities
Litigation Reform Act of 1995. We have based these forward-looking statements on our current
expectations and projections about future events. Such statements involve known and unknown risks,
uncertainties and other factors that may cause actual results to differ materially. Such factors
include, but are not limited to, changes in local and global economic conditions, our ability to
successfully implement our strategy, the market
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acceptance of and demand for our products, our growth and expansion, technological change and our
exposure to market risks. By their nature, these expectations and projections are only estimates
and could be materially different from actual results in the future.
About Dr. Reddys
Established in 1984, Dr. Reddys Laboratories (NYSE: RDY) is an emerging global pharmaceutical
company with proven research capabilities. The Company is vertically integrated with a presence
across the pharmaceutical value chain. It produces finished dosage forms, active pharmaceutical
ingredients and biotechnology products and markets them globally, with focus on India, US, Europe
and Russia. The Company conducts research in the areas of diabetes, cardiovascular,
anti-infectives, inflammation and cancer. ( www.drreddys.com )
About Cosmederm Technologies Inc.
Cosmederm Technologies is a specialty pharmaceutical company specializing in the development of
highly potent, yet non-irritating, topical products in the areas of anti-aging, anti-itch, acne,
rosacea and others. Cosmederm Technologies product lines include TriCalm, REFINITY Skin
Solutions, and COSMEDERM SKIN SCIENCE. ( www.cosmederm.com )
Contact Information
Investors and Financial Analysts:
Nikhil Shah at nikhilshah@drreddys.com or on +91-40-66511532
Media:
M Mythili at mythilim@drreddys.com or on +91-40-66511620
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Press Release
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[DR. REDDYS LOGO] |
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Dr. Reddys Laboratories Ltd. |
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7-1-27 Ameerpet |
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Hyderabad 500 016 India |
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Tel: 91 40 373 1946 |
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Fax: 91 40 373 1955 |
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www.drreddys.com |
Dr. Reddys formally announces its US Specialty Business, Promius Pharma, LLC.
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Announcement marks a milestone in building a sustainable and profitable branded
business in the US |
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Commercial launch of Promius Pharma is planned for Q3 FY09 |
Hyderabad, India, September 18, 2008: Dr. Reddys Laboratories (NYSE: RDY) today formally announced
its US Specialty Business with the launch of Promius Pharma, a wholly-owned subsidiary of Dr.
Reddys Laboratories located in Bridgewater, NJ.
Promius Pharma, which will initially focus on the branded dermatology market, is based on a
platform of strategic licensing initiatives and internal product development activities undertaken
over the last several years. Promius Pharmas product portfolio currently comprises of three
in-licensed and co-developed dermatological products that are scheduled to launch within calendar
years 2008-09, and a pipeline of topical products being developed at the Integrated Product
Development Facility in Hyderabad, India. Promius Pharmas current portfolio contains innovative
topical products for the treatment of psoriasis, atopic dermatitis and seborrheic dermatitis.
Commenting on the strategic event, GV Prasad, Vice Chairman and CEO of Dr. Reddys, said We are
pleased to announce Promius Pharma, our US Specialty Business, a meaningful milestone in our
overall strategy of building a sustainable and profitable branded business. We are committed to
establishing a leading position in the US dermatology market by providing innovative solutions to
patients and physicians that leverage Promius Pharmas current portfolio and future additions.
Promius Pharma has assembled a management team with significant experience within the US
dermatology market to accelerate Promius into a leading position within the dermatology
marketplace. Jeffrey Wasserstein, Executive Vice President of Dr. Reddys North America and Promius
Pharma, stated, We are looking to develop a best-in-class company. In order to accomplish this
goal, we are bringing together the most talented people from a cross-section of dermatology
companies. We have hired a nationally deployed sales force, are currently manufacturing commercial
product and are putting the final touches to our launch plans.
Disclaimer
This press release includes forward-looking statements, as defined in the U.S. Private Securities
Litigation Reform Act of 1995. We have based these forward-looking statements on our current
expectations and projections about future events. Such statements involve known and unknown risks,
uncertainties and other factors that may cause actual results to differ materially. Such factors
include, but are not limited to, changes in local and global economic conditions, our ability to
successfully implement our strategy, the market acceptance of and demand for our products, our
growth and expansion, technological change and our exposure to market risks. By their nature, these
expectations and projections are only estimates and could be materially different from actual
results in the future.
About Dr. Reddys
Established in 1984, Dr. Reddys Laboratories (NYSE: RDY) is an emerging global pharmaceutical
company with proven research capabilities. The Company is vertically integrated with a presence
across the pharmaceutical value chain. It produces finished dosage forms, active pharmaceutical
ingredients and biotechnology products and markets them globally, with focus on India, US, Europe
and Russia. The Company conducts research in the areas of diabetes, cardiovascular,
anti-infectives, inflammation and cancer. For more details visit (www.drreddys.com)
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About Promius Pharma
Promius Pharma, located in Bridgewater, NJ, is a branded specialty company and a wholly-owned
subsidiary of Dr. Reddys Laboratories, Inc. Promius Pharma, with its focus on the branded
dermatology market, has a portfolio of in-licensed dermatological products and an internal pipeline
of topical products under various stages of development. Promius Pharma aims to be a leading-edge
company that develops and markets innovative solutions for challenging dermatological conditions
with an eye to the future to redefine therapeutic options for physicians and patients.
(www.promiuspharma.com)
Contact Information
Investors and Financial Analysts:
Nikhil Shah at nikhilshah@drreddys.com or on +91-40-66511532
Media:
M Mythili at mythilim@drreddys.com or on +91-40-66511620
Promius Pharma Contact Information:
Media:
Suzanne Lane at slane@thelcgroup.com or on +1-212-757-6880
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Exhibit 99.3
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Press Release
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[DR. REDDYS LOGO] |
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Dr. Reddys Laboratories Ltd. |
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7-1-27 Ameerpet |
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Hyderabad 500 016 India |
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Tel: 91 40 373 1946 |
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Fax: 91 40 373 1955 |
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www.drreddys.com |
Hyderabad, India, September 25, 2008
Dr. Reddys enters the respiratory inhalers market in India with the launch of Combihale and Redihaler
Forays into inhalation asthma market
Dr. Reddys Laboratories Ltd. (NYSE: RDY) has entered the inhaler segment in India with the launch
of Combihale a combination of a steroid and a long acting bronchodilator. It is used in the
treatment of asthma and is available in two combinations, Combihale FF (Formoterol + Fluticasone)
and Combihale FB (Formoterol + Budesonide).
Combihale would be available along with Redihaler*, a dry powder inhalation device that was
designed in-house and which will initially be given free of cost with Combihale.
Combihale comes in both Dry Powder Inhaler and Metered Dose Inhaler forms and is available in the
following pack sizes:
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Metered dose inhaler of 120 doses |
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Dry Powder capsules, 2 X 15s blister caps along with the Redihaler device |
Notes to the editor:
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Inhaler market is currently valued at Rs 473 crores growing at over 17% annually
(Source: ORG IMS) |
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Brief mode of action of Combihale: |
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Combihale is a combination of a steroid and a long acting bronchodilator |
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Combihale range of inhalational drugs are dispensed either through dry powder (DPI) or
metered dose inhaler (MDI) forms |
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Upon oral inhalation, they selectively deposit the drug at the site where their action
is needed. |
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These contain bronchodilator, which relax the constricted airways and corticosteroid,
which limit inflammation and irritation in the airways in patients suffering from
obstructive lung disease including Asthma |
Disclaimer
This press release includes forward-looking statements, as defined in the U.S. Private Securities
Litigation Reform Act of 1995. We have based these forward-looking statements on our current
expectations and projections about future events. Such statements involve known and unknown risks,
uncertainties and other factors that may cause actual results to differ materially. Such factors
include, but are not limited to, changes in local and global economic conditions, our ability to
successfully implement our strategy, the market acceptance of and demand for our products, our
growth and expansion, technological change and our exposure to market risks. By their nature, these
expectations and projections are only estimates and could be materially different from actual
results in the future.
About Dr. Reddys
Established in 1984, Dr. Reddys Laboratories (NYSE: RDY) is an emerging global pharmaceutical
company with proven research capabilities. The Company is vertically integrated with a presence
across the pharmaceutical value chain. It produces finished dosage forms, active pharmaceutical
ingredients and biotechnology products and markets them globally, with focus on India, US, Europe
and Russia. The Company conducts research in the areas of diabetes, cardiovascular,
anti-infectives, inflammation and cancer. (www.drreddys.com)
Contact Information
Investors and Financial Analysts:
Nikhil Shah at nikhilshah@drreddys.com or on +91-40-66511532
Media:
M Mythili at mythilim@drreddys.com or on +91-40-66511620
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused
this report to be signed on its behalf by the undersigned, thereunto duly authorized.
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DR. REDDYS LABORATORIES LIMITED
(Registrant)
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By: |
/s/ V. Viswanath
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Date: October 3, 2008 |
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Name: |
V. Viswanath |
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Title: |
Company Secretary |
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