Dr. Reddy's Laboratories: Multiple Drug Launches To Drive Significant Growth

Jul. 31, 2022 1:13 AM ETDr. Reddy's Laboratories Limited (RDY)
Mayank N. Sharma profile picture
Mayank N. Sharma
423 Followers

Summary

  • Dr. Reddy's has launched multiple drugs in the US market recently which are expected to drive significant growth.
  • The launch of bortezomib drug to give the company access to $1.2 billion myeloma treatment market.
  • I assign a Hold rating for RDY after taking into consideration all the growth and risk factors.

Manufacture process of vaccine,production of Covid-19 vaccine. Bio science

Oselote

Investment Thesis

Dr. Reddy's Laboratories Limited (NYSE:RDY) is an Indian multinational pharmaceutical company headquartered in Hyderabad, India. In this thesis, I will primarily be analyzing multiple drug launches by the company in the US market. I will also analyze the risk

Quant Ratings

Seeking Alpha

This article was written by

Mayank N. Sharma profile picture
423 Followers
I am an Equity Research Analyst. I have a passion in researching undervalued companies with high growth potential. Having 4 years of fundamental analysis experience at hand, I look forward to keep investors informed about the lucrative investment opportunities in the Equity market.

Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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