Dr. Reddy's Laboratories Announces the Launch of Propofol Injectable Emulsion, USP in the U.S.
Market
Dr. Reddy’s Laboratories Ltd. (BSE: 500124, NSE: DRREDDY, NYSE: RDY, along with its subsidiaries together
referred to as “Dr. Reddy’s”) today announced the launch of Propofol Injectable Emulsion, USP, a therapeutic equivalent generic
version of DIPRIVAN (propofol) Injectable Emulsion, USP, approved by the U.S. Food and Drug Administration (USFDA).
Dr. Reddy’s is committed to providing affordable and innovative medicines for healthier lives. To that end, Dr.
Reddy’s neither condones nor supports the off-label use or misuse of its drugs. In the strongest possible terms, Dr. Reddy’s
objects to the use of any of its products to facilitate or otherwise aid lethal injections. Consistent with this position, Dr.
Reddy’s uses distribution controls to market Propofol Injectable Emulsion, USP. Dr. Reddy’s will not accept orders from
correctional facilities and prison systems whose intended use of the product is to aid in lethal injection. We require the same
commitment from our wholesalers and distributors.
The Diprivan brand and generic had U.S. sales of approximately $310 million MAT for the most recent twelve
months ending in November 2018 according to IMS Health*.
Dr. Reddy’s Propofol Injectable Emulsion, USP is available in 10 mg/mL vials for Single Patient Use Only.
Please click
here for Full Prescribing Information.
Diprivan is a trademark of Fresenius Kabi USA, LLC.
*IMS National Sales Perspective: Retail and Non-Retail MAT November 2018
RDY-0119-233
About Dr. Reddy’s: Dr. Reddy’s Laboratories Ltd. (BSE: 500124, NSE: DRREDDY, NYSE: RDY) is an integrated
pharmaceutical company, committed to providing affordable and innovative medicines for healthier lives. Through its three
businesses - Pharmaceutical Services & Active Ingredients, Global Generics and Proprietary Products – Dr. Reddy’s offers a
portfolio of products and services including APIs, custom pharmaceutical services, generics, biosimilars and differentiated
formulations. Our major therapeutic areas of focus are gastrointestinal, cardiovascular, diabetology, oncology, pain management and
dermatology. Dr. Reddy’s operates in markets across the globe. Our major markets include – USA, India, Russia & CIS countries,
and Europe. For more information, log on to:
www.drreddys.com
Disclaimer: This press release may include statements of future expectations and other forward-looking
statements that are based on the management’s current views and assumptions and involve known or unknown risks and uncertainties
that could cause actual results, performance or events to differ materially from those expressed or implied in such statements. In
addition to statements which are forward-looking by reason of context, the words "may", "will", "should", "expects", "plans",
"intends", "anticipates", "believes", "estimates", "predicts", "potential", or "continue" and similar expressions identify
forward-looking statements. Actual results, performance or events may differ materially from those in such statements due to
without limitation, (i) general economic conditions such as performance of financial markets, credit defaults , currency exchange
rates , interest rates , persistency levels and frequency / severity of insured loss events (ii) mortality and morbidity levels and
trends, (iii) changing levels of competition and general competitive factors, (iv) changes in laws and regulations and in the
policies of central banks and/or governments, (v) the impact of acquisitions or reorganization , including related integration
issues.
The company assumes no obligation to update any information contained herein
INVESTOR RELATIONS
AMIT AGARWAL
amita@drreddys.com
Ph: +91-40-49002135
MEDIA RELATIONS
CALVIN PRINTER
calvinprinter@drreddys.com
Ph: +91-40- 49002121
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