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Dr Reddy's Laboratories to pour USD 300 mn on R&D in FY20

Wednesday, 29 May 2019
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Dr Reddy's Laboratories is planning to pour USD 300 million on research and development (R&D) during FY20. The R&D spend for Q4/FY19 stands at Rs 366 crore.

The company will continue to focus on R&D for some pipeline of proprietary products. But on an overall basis the R&D spend will be lower in proprietary products when compared to FY19. 

The company has made R&D organisation more efficient and can handle more products with less cost, and it will continue with this plan of productivity to increase the R&D in order to ensure no fallbacks and no differentiated products.

The company during FY20 expects to launch more than 30 products in the US market.

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