Tag Archives: Dr. Reddy’s Laboratories

“Report: Dr. Reddy’s Considering Acquisition of Novartis AG’s 70.68% Stake in Novartis India”

Dr. Reddy's Eyeing Acquisition of Novartis India as Novartis AG Initiates Strategic Review

In a potential landmark development within the pharmaceutical sector, Hyderabad-based Dr. Reddy's Laboratories is reportedly considering the acquisition of Novartis AG's entire stake in Novartis India. This move comes as the Switzerland-based pharmaceutical giant, Novartis AG, initiates a strategic review of its Indian subsidiary, Novartis India, a listed entity in the country.

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