Dr. Reddy’s plans to expand business in Ukrainian market

Dr. Reddy’s plans to expand business in Ukrainian market

24.03.2016 News

reddy_1491776fIndian Pharmaceutical Manufacturers Association unites the representatives of Indian pharmaceutical companies in Ukraine.  The executive vice president of the Dr. Reddy’s  M. V.  Ramana  pointed out that Ukraine is one of the key markets in which the activity of the company  is focused.

International pharmaceutical company Dr. Reddy’s (India) remains optimistic about the Ukrainian pharmaceutical market and continues to develop its business in the country. This was announced by executive vice-president of the company M.V. Ramana.

Also, the  executive vice president of the company pointed out that Dr. Reddy’s was one of the few companies that continued to operate in the Lugansk and Donetsk regions at the beginning of the conflict in May and June 2014, and the team of the Indian pharmaceutical manufacturers in the region continued to provide  the needs of patients and healthcare.

As M.V. Ramana said, now Dr. Reddy’s ranks 9th among the top 10 foreign companies operating in Ukraine, in volume terms.

M.V.  Ramana said that the Indian company will continue to strengthen its presence in Ukraine, bringing to market innovative products demanded for the country.

According to the executive vice president Dr. Reddy’s, the next stage of development in Ukraine will be the rollout to the market of new molecules for the treatment of chronic cardiovascular and neurological diseases, as well as new molecular oncology drugs.

With regard to the localization of production opportunities in Ukraine, M.V. Ramana said that for now  the Indian pharmaceutical company closely monitoring the situation on the pharmaceutical market in the CIS region and neighboring.

Source: pharma.net.ua

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