Dr. Reddy’s Laboratories defends its right to launch Buprenorphine and Naloxone Sublingual Film in the U.S. Market

Dr. Reddy’s Laboratories Ltd. (BSE: 500124, NSE: DRREDDY, NYSE: RDY)
announced today that following the launch of its generic Buprenorphine
and Naloxone Sublingual Film in the U.S. Market, the U.S. District Court
for the District of New Jersey has received and reviewed an emergency
application from the plaintiffs in the current patent litigation for a
temporary restraining order and preliminary injunction against Dr.

Pending a hearing and decision on the injunction application, the court
has issued a temporary restraining order against Dr. Reddy’s with
respect to further sales and commercialization of Buprenorphine and
Naloxone Sublingual Film within the U.S. The court order does not
include a prohibition on commercial manufacturing of the product. The
plaintiffs will be required to post a bond or other security totaling
$18 million (USD) to satisfy any losses or damages incurred by Dr.
Reddy’s during the period of the temporary restraining order. The court
has scheduled an expedited hearing of the preliminary injunction for
Thursday, June 28, and a ruling is expected soon thereafter. The
proceeding only involves one patent, U.S. Patent No. 9,931,305. Dr.
Reddy’s remains confident in its legal positions on this patent and
believes it will prevail on the issues raised with respect to the
application for injunction.

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

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governments, (v) the impact of acquisitions or reorganization ,
including related integration issues.

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