Dr Reddy’s to Stop Distributing Novartis In-Licensed Brands in India
Dr Reddy’s Laboratories will discontinue distribution of select Novartis India in-licensed brands after termination of its India distribution and promotion agreement, effective from October. The company said brands will continue to be commercialized until September 30, 2026. The move follows a change in Novartis India’s controlling shareholding after Novartis AG sold its stake to ChrysCapital.