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Dr. Reddy’s Acquires Mayne Pharma’s U.S. Generic Product Portfolio

The acquisition complements Dr. Reddy’s U.S. retail prescription pharmaceutical business with limited competition products.

Dr. Reddy’s Laboratories, Inc., a wholly owned subsidiary of Dr. Reddy’s Laboratories Ltd., has entered into a definitive agreement to acquire Mayne Pharma Group‘s U.S. generic prescription product portfolio for approximately $90 million upfront and contingent payments of up to $15 million.  The portfolio includes approximately 45 commercial products, four pipeline products and 40 approved non-marketed products, including generic products focused on women’s health. For the financial ...

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