After raising $200 million through issuing 12.5 million Ame
rican Depositary Shares (ADS), expansion is n e x t for Hyderabad- based Dr. Reddy’s Laboratories. The pharma major plans to invest $100 million in the coming 18 months on the capacity expansion of its existing facilities at Hyderabad and Vishakhapatnam. Also, in the pipeline is setting up of two greenfield plants to further boost its production. The company plans to double its total capacity to 8 billion tablets per year by next year. Also, an additional issuance of 1.8 million ADS has been announced by Dr. Reddy’s Laboratories.
For Complete IIPM Article, Click on IIPM Article
rican Depositary Shares (ADS), expansion is n e x t for Hyderabad- based Dr. Reddy’s Laboratories. The pharma major plans to invest $100 million in the coming 18 months on the capacity expansion of its existing facilities at Hyderabad and Vishakhapatnam. Also, in the pipeline is setting up of two greenfield plants to further boost its production. The company plans to double its total capacity to 8 billion tablets per year by next year. Also, an additional issuance of 1.8 million ADS has been announced by Dr. Reddy’s Laboratories.For Complete IIPM Article, Click on IIPM Article
Source : IIPM Editorial, 2006
An IIPM and Malay Chaudhuri – Arindam Chaudhuri Initiative
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