Companies / India
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Dr Reddy's To Sell US Shares
November 2006 | Industry NewsSorry, you must be a subscriber to view this article in full. If you are a subscriber please login.
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Indian drugmaker Dr Reddy's is to raise US$260mn in a US share sale this week, according to press reports. Dr Reddy's has applied to US regulators to sell 13.5mn American Depository Receipts (ADRs), as the company looks to consolidate its position on the world's biggest generics market.