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

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