Dr. Reddys Laboratories Ltd.

Mankind Pharma has inked a pact with Dr. Reddy's Laboratories to acquire two brands -- Combihale and Daffy. While Combihale is used for the treatment of asthma and chronic obstructive pulmonary disease, Daffy is a soap-free moisturizing bar for infants. The acquisition of the product is expected to strengthen the company's presence in the inhalation respiratory market segment. The entire integration and transition of the brands are expected to be completed by March 2022.

As per the terms of the definitive agreement executed between the companies, Mankind Pharma will take over the manufacturing, marketing and distribution of both products in India.

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.