Dr. Reddy’s Laboratories (RDY) Announces Rollout of Injectable Semaglutide Under Brand Name Obeda®

4 weeks ago 17

Bob Karr

Fri, April 24, 2026 astatine 11:45 AM CDT 1 min read

Dr. Reddy’s Laboratories Limited (NYSE:RDY) is 1 of the Best Indian Stocks to Buy According to Hedge Funds. On March 21, the institution announced the rollout of its injectable semaglutide nether the marque sanction Obeda®. This demonstrates a captious measurement successful the enlargement of entree to precocious GLP‑1 receptor agonist–based therapy for managing benignant 2 diabetes successful India.

Dr. Reddy’s Laboratories (RDY) Announces Rollout of Injectable Semaglutide Under Brand Name Obeda®

Dr. Reddy’s Laboratories (RDY) Announces Rollout of Injectable Semaglutide Under Brand Name Obeda®

Dr. Reddy’s Laboratories Limited (NYSE:RDY) is the archetypal Indian institution to get the DCGI (Drugs Controller General of India) support for generic semaglutide.

Dr. Reddy’s Laboratories Limited (NYSE:RDY), portion quoting the ICMR‑INDIAB study, noted that India has 1 of the world’s largest diabetes burdens, arsenic much than 101 cardinal adults unrecorded with this condition. Semaglutide, which is simply a GLP‑1 receptor agonist, tin amended glycaemic power and assistance with value absorption if utilized arsenic portion of the broad attraction plan. Given that API development, manufacturing, and formulation improvement hap in-house, Obeda® demonstrates Dr. Reddy’s Laboratories Limited (NYSE:RDY)’s spot successful analyzable merchandise improvement and peptide science.

Dr. Reddy’s Laboratories Limited (NYSE:RDY) operates arsenic a pharmaceutical company.

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