Finance

Dr. Reddy's Laboratories Enters Hormone Replacement Therapy Segment with $32.15 Million Brand Acquisition

By Team VOH

Dr. Reddy's Laboratories has marked its entry into the hormone replacement therapy (HRT) space with the acquisition of trademarks for specialty brands Progynova and Cyclo-Progynova, along with related assets in India, from UK-based Mercury Pharma Group for $32.15 million, according to media reports.

Progynova (estradiol valerate) is an oral hormone replacement therapy used to treat symptoms of estrogen deficiency and help prevent postmenopausal osteoporosis. Cyclo-Progynova (estradiol valerate and norgestrel) is a combined HRT indicated for estrogen deficiency symptoms, offering both estrogen and progestogen components.

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