Dr. Reddy's Folds Drug Discovery Arm | June 1, 2009 Issue - Vol. 87 Issue 22 | Chemical & Engineering News
Volume 87 Issue 22 | p. 15 | Concentrates
Issue Date: June 1, 2009

Dr. Reddy's Folds Drug Discovery Arm

Department: Business
Keywords: Dr. Reddy's, Aurigene

Indian generics producer Dr. Reddy's Laboratories will abandon its proprietary drug discovery efforts but will remain active in drug development. The firm will transfer its drug discovery staff and facilities in Hyderabad to its contract research subsidiary Aurigene. As part of the reorganization, Dr. Reddy's will close an R&D lab in Atlanta. The firm says it will still conduct drug development work by licensing promising drug candidates from Aurigene and others.

Chemical & Engineering News
ISSN 0009-2347
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