FORM 6-K
FORM 6-K
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16
of the Securities Exchange Act of 1934
For the Month of August 2005
Commission File Number 1-15182
DR. REDDYS LABORATORIES LIMITED
(Name of Registrant)
7-1-27, Ameerpet
Hyderabad, Andhra Pradesh 500 016, India
+91-40-23731946
(Address of Principal Executive Offices)
Indicate by check mark whether registrant files or will file annual reports under cover of Form
20-F or Form 40-F.
Form 20-F R Form 40-F £
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by
Regulation S-T Rule 101(b)(1):
Note: Regulation S-T Rule 101(b)(1) only permits the submission in paper of a Form 6-K if submitted
solely to provide an attached annual report to security holders.
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by
Regulation S-T Rule 101(b)(7):
Note: Regulation S-T Rule 101(b)(7) only permits the submission in paper of a Form 6-K if submitted
to furnish a report or other document that the registrant foreign private issuer must furnish and
make public under the laws of the jurisdiction in which the registrant is incorporated, domiciled
or legally organized (the registrants home country), or under the rules of the home country
exchange on which the registrants securities are traded, as long as the report or other document
is not a press release, is not required to be and has not been distributed to the registrants
security holders, and, if discussing a material event, has already been the subject of a Form 6-K
submission or other Commission filing on EDGAR.
Indicate by check mark whether by furnishing the information contained in this Form, the registrant
is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the
Securities Exchange Act of 1934.
Yes £ No R
If Yes is marked, indicate below the file number assigned to registrant in connection with Rule 12g3-2(b):
Not applicable.
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Press Release
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[DR. REDDYS LOGO]
Dr. Reddys Laboratories Ltd.
7-1-27 Ameerpet
Hyderabad 500 016 India
Tel: 91 40 373 1946
Fax: 91 40 373 1955
www.drreddys.com |
Dr. Reddys & NMIMS Partner on a unique MBA program
Hyderabad, India, August 8, 2005: Dr. Reddys has partnered up with Narsee Monjee Institute of
Management Studies (NMIMS), Mumbai, a premier B-school in India to offer a unique MBA (Pharma
Management) program to its employees.
This program with a blended focus on pharma domain is the first of its kind in the country. This
program is meant to enrich learning, develop competencies and enhance on the job performance of its
employees. This long-term education programme is in alignment with the companys belief of creating
a learning organization.
This program offers a unique opportunity for executives in the pharmaceutical space to learn from
a diverse and skilled faculty and reap the benefits of an innovative curriculum, pedagogy and
environment, with a focus on Pharma industry, says Dr N M Kondap, Vice Chancellor of NMIMS. He
added that the participants from Dr Reddys would constitute the Silver Jubilee Executive batch of
NMIMS, which is celebrating its silver anniversary this year.
A program like this will help Dr. Reddys to further its investment in development of its people
towards reaching mutually-beneficial enhanced skill levels as also help build a strong talent base
within the organization. The advantage of a program of this kind is that participating employees
will be able to immediately translate managerial learning into practice at their work places says
Satish Reddy, Managing Director & COO, Dr Reddys.
Dr. Reddys & NMIMS formally inaugurated the program at an in-house meet held in Hyderabad. The
first Batch containing 40 employees drawn from various levels in the organization have been
selected through NMAT (written test) and a rigorous personal Interview process. Classes will
commence from 13th August, 05 at Dr Reddys and will be held by faculty from NMIMS on weekends.
About Dr. Reddys
Dr. Reddys Laboratories (NYSE: RDY) is a global, vertically integrated pharmaceutical company with
a presence across the value chain, producing and delivering safe, innovative, and high quality
finished dosage forms, active pharmaceutical ingredients and biotechnology products, which are
marketed to over 100 countries including US, Europe, Russia, India and China.
The Company conducts NCE drug discovery research in the areas of diabetes, cardiovascular,
anti-infectives, inflammation and cancer. Its drug discovery effort is carried out at its research
facilities in Atlanta, USA, and in Hyderabad, India. For more details visit www.drreddys.com
Disclaimer
This press release includes forward-looking statements, as defined in the U.S. Private Securities
Litigation Reform Act of 1995. We have based these forward-looking statements on our current
expectations and projections about future events. Such statements involve known and unknown risks,
uncertainties and other factors that may cause actual results to differ materially. Such factors
include, but are not limited to, changes in local and global economic conditions, our ability to
successfully implement our strategy, the market acceptance of and demand for our products, our
growth and expansion, technological change and our exposure to market risks. By their nature, these
expectations and projections are only estimates and could be materially different from actual
results in the future.
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Contact Information
Investors and Financial Analysts:
Nikhil Shah at nikhilshah@drreddys.com or on +91-40-55511532
Media:
Mythili M at mythilim@drreddys.com or on +91-40-55511620
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Press Release
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[DR. REDDYS LOGO]
Dr. Reddys Laboratories Ltd.
7-1-27 Ameerpet
Hyderabad 500 016 India
Tel: 91 40 373 1946
Fax: 91 40 373 1955
www.drreddys.com |
Dr. Reddys launches Shadowz a unique high SPF protection sunscreen
Hyderabad, India, August 25, 2005: Dr. Reddys has launched Shadowz a sunscreen in a gel form
which offers high SPF protection for patients prone to or suffering from melasma and photo
dermatitis. It has a SPF rating of 30 and is being initially offered in a 100 ml bottle with a flip
cap.
Shadowz effectively prevents damage from both UV-A & UV-B spectrum of UV radiation. Its unique
transparent gel form will enhance patient compliance by increasing the ease of application. Being
transparent it will not leave any opaque residue; hence being more acceptable cosmetically. It is
entirely free from comedogenic chemicals (like PABA) or substance, which can cause allergic
reactions (like paraben).
Shadowz has been launched nation wide and is available at all leading chemist counters across the
country. Today, the prescription sunscreen market is valued at Rs.13.0crs growing at a rate of
14.30%, which is still in a nascent stage. Currently, the OTC segment heavily influences the
sunscreen market. With the incidences of photo damage and hyper-pigmentation disorders on the rise,
the launch of Shadowz from a leading pharmaceutical house is well timed. Market trials have met
with good positive feedback from various dermatologists across the country. Doctors have expressed
satisfaction on the unique formulation, the SPF protection, packing as well as the good patient
response.
Notes to the Editor:
Till recently, most of the brands in the prescription market are available in lotion form with
majority of them offering SPF of 15 to 20. Shadowz is available in transparent gel form with a SPF
of 30.
Dr Reddys was already present in the hyper pigmentation therapy market through its brand Clearz.
With the launch of Shadowz its presence in sun protection market has also been addressed.
The sun protection market has seen a major growth in terms of patients being diagnosed for
indications related to photo-damage and related prescriptions. This has led to an opportunity in
growth in terms of value and units sale for Shadowz.
Product highlights.
Contents Octinoxate, Octisalate, Homosalate and Oxybenzone
SPF 30
Pack 100 ml
Formulation Transparent gel
Colour no colour / transparent
Feel Non greasy;
Application To be applied liberally as directed by the physician
About Dr. Reddys
Dr. Reddys Laboratories (NYSE: RDY) is a global, vertically integrated pharmaceutical company with
a presence across the value chain, producing and delivering safe, innovative, and high quality
finished dosage forms, active pharmaceutical ingredients and biotechnology products, which are
marketed to over 100 countries including US, Europe, Russia, India and China.
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The Company conducts NCE drug discovery research in the areas of diabetes, cardiovascular,
anti-infectives, inflammation and cancer. Its drug discovery effort is carried out at its research
facilities in Atlanta, USA, and in Hyderabad, India. For more details visit www.drreddys.com
Disclaimer
This press release includes forward-looking statements, as defined in the U.S. Private Securities
Litigation Reform Act of 1995. We have based these forward-looking statements on our current
expectations and projections about future events. Such statements involve known and unknown risks,
uncertainties and other factors that may cause actual results to differ materially. Such factors
include, but are not limited to, changes in local and global economic conditions, our ability to
successfully implement our strategy, the market acceptance of and demand for our products, our
growth and expansion, technological change and our exposure to market risks. By their nature, these
expectations and projections are only estimates and could be materially different from actual
results in the future.
Contact Information
Media:
Mythili M at mythilim@drreddys.com or on +91-40-55511620
Investors and Financial Analysts:
Nikhil Shah at nikhilshah@drreddys.com or on +91-40-55511532
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused
this report to be signed on its behalf by the undersigned, thereunto duly authorized.
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DR. REDDYS LABORATORIES LIMITED
(Registrant)
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By: |
/s/ V. Viswanath
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Date: September 15, 2005 |
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Name: |
V. Viswanath |
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Title: |
Company Secretary |
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