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Dr Reddys announces its US specialty business, Promius Pharma, LLC
Dr Reddys Laboratories has announced its US specialty business with the
launch of Promius Pharma, a wholly-owned subsidiary of Dr Reddy?
Laboratories located in Bridgewater, NJ.
Promius
Pharma, which will initially focus art the branded dermatology market,
is based on a platform of strategic licensing initiatives and internal
product development activities undertaken over the last several years.
Promius Pharmas product portfolio currently comprises of three
in-licensed and co-developed dermatological products that are scheduled
to launch within calendar years 2008-09, and a pipeline of topical
products being developed at the integrated product development facility
in Hyderabad, India. Promius Pharma?s current portfolio contains
innovative topical products for the treatment of psoriasis, atopic
dermatitis and seborrheic dermatitis.
The company made this announcement during the trading hours today, 18 September 2008.
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