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DewDiligence

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Re: investorgold2002 post# 120090

Friday, 07/22/2011 1:48:15 PM

Friday, July 22, 2011 1:48:15 PM

Post# of 257253
RDY acquires Russian/CIS pharma business:

http://finance.yahoo.com/news/Dr-Reddys-Acquires-bw-1863520190.html?x=0&.v=1

Dr. Reddy’s Laboratories announced today that it has entered into an agreement with JB Chemicals & Pharmaceuticals to acquire their pharmaceutical prescription portfolio in the Russia and other CIS regions. The agreement involves acquisition of 20 brands, key ones being Metrogyl and Jocet, for a consideration of USD 34.85 million.

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