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Dr. Reddy’s gains as arm inks pact to develop select cancer therapies

Dr. Reddys Laboratories Ltd. | Pharmaceuticals & Drugs | Healthcare | BSE: 500124 | NSE: DRREDDY

23 Jan 2015 Evaluate

Dr Reddy’s Laboratories is currently trading at Rs. 3364.80, up by 3.35 points or 0.10% from its previous closing of Rs. 3361.45 on the BSE.

The scrip opened at Rs. 3390.00 and has touched a high and low of Rs. 3400.00 and Rs. 3350.35 respectively. So far 6,922 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 3662.00 on 01-Dec-2014 and a 52 week low of Rs. 2250.00 on 19-May-2014.

Last one week high and low of the scrip stood at Rs. 3400.00 and Rs. 3252.80 respectively. The current market cap of the company is Rs. 57,305.00 crore.

The promoters holding in the company stood at 25.49% while Institutions and Non-Institutions held 44.19% and 12.91% respectively.

US-based biotechnology company Curis, Inc has entered into an exclusive collaboration pact with Aurigene Discovery Technologies, an independent wholly-owned subsidiary of Dr Reddy’s Laboratories for focusing on development of select cancer therapies.

The collaboration provides for inclusion of multiple programmes and Curis retains the option to license compounds once a development candidate is nominated within each respective programme. The collaboration focuses on immuno-oncology and selected precision oncology targets.

The partnership draws from each company’s respective areas of expertise, with Aurigene having the responsibility for conducting all discovery and pre-clinical activities while Curis is responsible for all clinical development, regulatory and commercialisation efforts worldwide, excluding India and Russia.

Dr. Reddy’s is an integrated global pharmaceutical company, committed to providing affordable and innovative medicines for healthier lives. Through its three businesses - Pharmaceutical Services and Active Ingredients, Global Generics and Proprietary Products - the company offers a portfolio of products and services including APIs, custom pharmaceutical services, generics, bio-similars, differentiated formulations and NCEs.

Dr. Reddys Lab Share Price

1235.40 14.15 (1.16%)

17-Apr-2026 16:59 View Price Chart

Peers

Company Name	CMP
Sun Pharma Inds.	1675.20
Dr. Reddys Lab	1235.40
Cipla	1238.30
Zydus Lifesciences	942.55
Lupin	2324.25
View more..

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Dr. Reddy’s gains as arm inks pact to develop select cancer therapies

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