United Healthcare Services files complaint against Dr Reddy's US subsidiary

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

07 Feb 2019 Evaluate

United Healthcare Services has filed a complaint against Dr Reddy's Laboratories’ US-based arm and some other entities, alleging a price fixing conspiracy to rig bids and allocate customers with respect to 30 drugs. United Healthcare Services has filed a complaint against Dr Reddy's Laboratories and 42 other defendants, involving a total of 30 generic drugs.

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

Peers

Company Name	CMP
Sun Pharma. Inds.	1835.00
Dr. Reddys Labs.	1149.75
Cipla	1361.00
Lupin	2055.35
Zydus Lifesciences	1099.00
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Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
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Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
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SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
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Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com	Telephone: +919175899463 Address: Same as IA
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