Dr. Reddy’s announces Q1 2015 results
HYDERABAD, India — Dr. Reddy's Labs announced financial results for the quarter ended June 30, which includes consolidated revenues of Rs.35.2 billion, representing year-on-year growth of 24%.
Revenues from the global generics segment came in at Rs.29.0 billion, a year-on-year growth of 32%. Revenues from the pharmaceutical services and active ingredients segment, however, showed a year-on-year decline of 6% at Rs.5.5 billion.
During the quarter, Dr. Reddy's launched 25 new generic products and filed 27 new product applications and 20 DMFs globally.
P&G, Michael Strahan launch new line of wellness products called Meta
Target, Walmart to co-host beauty sustainability summit in September
CHICAGO — Rivals Target and Walmart are teaming up in September to co-host the Beauty and Personal Care Products Sustainability Summit in Chicago.
Convened by Forum for the Future, the day-long event to be held Sept. 4 will bring together key players from across the beauty and personal care industry to discuss a shared approach to product sustainability.
According to the Forum for the Future, the aim will be to “map the landscape in which companies and organizations are operating, explore common concerns and identify where stakeholders can collaborate to bring better options to consumers.”