Acquisitions Are On Dr Reddy’s Menu
‘Healthy Balance Sheet’ Could Allow Firm To Move Fast On M&A
Executive Summary
Dr Reddy’s indicates it is actively pursuing acquisitions, likely involving relatively smaller assets, across several key markets on the back of a “healthy” balance sheet. It is also progressing plans to position Russian COVID-19 vaccine Sputnik Light as a booster, which it believes could potentially be “part of life” hereon.
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