Dr. Reddy’s Laboratories Ltd (RDY) has released an update.
Nestlé India and Dr. Reddy’s Laboratories have announced a joint venture to bring a range of health science nutraceuticals to Indian consumers and other regions, leveraging their combined strengths in nutritional health solutions and pharmaceutical distribution. The new partnership aims to enhance access to various health and wellness products, with the joint venture expected to commence operations by Q2 of FY’25. This strategic move is set to bolster both companies’ positions in the fast-growing nutraceutical market, providing science-backed nutritional solutions to improve quality of life.
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