Dr. Reddys Laboratories declines on recalling 9,330 bottles of Sirolimus tablets in US due to impurities

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

14 Jul 2016 Evaluate

Dr. Reddys Laboratories is currently trading at Rs 3574.00, down by 33.80 points or 0.94% from its previous closing of Rs 3607.80 on the BSE.

The scrip opened at Rs. 3587.00 and has touched a high and low of Rs. 3587.00 and Rs. 3562.20 respectively. So far 2695 shares were traded on the counter.

The BSE group 'A' stock of face value Rs 5 has touched a 52 week high of Rs. 4382.95 on 20-Oct-2015 and a 52 week low of Rs. 2750.00 on 21-Jan-2016.

Last one week high and low of the scrip stood at Rs. 3633.00 and Rs. 3475.40 respectively. The current market cap of the company is Rs. 60940.51 crore.

The promoters holding in the company stood at 25.58% while Institutions and Non-Institutions held 42.02% and 32.40% respectively.

Dr. Reddy’s Laboratories is recalling 9,330 bottles of Sirolimus tablets in the US due to presence of impurities. The tablets were manufactured by pharma major at its Visakhapatnam plant. Sirolimus tablets are indicated for the prevention of organ rejection in patients aged 13 years or older receiving renal transplants.

According to United States Food and Drug Administration (USFDA), the pharma major’s US arm - Dr. Reddy’s Laboratories Inc is recalling 9,330 bottles of Sirolimus tablets, 1 mg on account of failed impurities. The reason for recall is ‘failed impurities/degradation: out of specification result for impurity secorapamycin’.

Dr. Reddy's Laboratories is a multinational pharmaceutical company based in Hyderabad, Telangana in India. Dr. Reddy's manufactures and markets a wide range of pharmaceuticals in India and overseas.

Dr. Reddys Lab Share Price

1285.40 -7.85 (-0.61%)

11-May-2026 10:58 View Price Chart

Peers

Company Name	CMP
Sun Pharma Inds.	1875.55
Dr. Reddys Lab	1285.40
Cipla	1339.50
Zydus Lifesciences	939.60
Lupin	2255.00
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