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Live News EARNINGS ARTICLE M impact

Dr Reddy’s Reports 36% Dip in Q2 PAT, Calls Margin Cap Positive

Dr Reddy’s said the cap on trade margins for 137 anti-cancer drugs is expected to increase patient access to medicines.

DRREDDY

Hyderabad-based Dr Reddy’s Labs described the recent cap on trade margins for 137 anti-cancer drugs by the National Pharmaceutical Pricing Authority, the drug-pricing watchdog, as a positive move. The company said the decision is expected to improve patients’ access to lifesaving medicines.