Dr. Reddy's Laboratories’ wholly-owned subsidiary—Dr.
Reddy’s Laboratories SA, Switzerland (DRSA)—has incorporated a new
wholly-owned subsidiary in Finland, named ‘Dr. Reddy's Finland Oy’ on December
20, 2024. Accordingly, Dr. Reddy's Finland Oy is a step-down wholly-owned
subsidiary of the company.
Dr. Reddy's Finland Oy's business is healthcare and
pharmaceutical products and general marketing, sales and promotion of medical
devices, and marketing and consulting of these products. The business of Dr.
Reddy's Finland Oy is in line with the main line of business of the company.
Dr. Reddy's Laboratories is a multinational pharmaceutical company based in Hyderabad, Telangana, in India. It manufactures and markets a wide range of pharmaceuticals in India and overseas.
Source: Ace Equity