Indian pharma major Dr Reddy's plans 'business continuity' in Russia

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NEW DELHI - Indian pharmaceutical major Dr Reddy's Laboratories Ltd said on Wednesday it was focused on employee safety and business continuity in and around Russia, despite many Western companies p

NEW DELHI - Indian pharmaceutical major Dr Reddy's Laboratories Ltd said on Wednesday it was focused on employee safety and business continuity in and around Russia, despite many Western companies pulling out from Russia in recent days.

Western companies such as McDonald's, PepsiCo, Coca-Cola and Starbucks have stopped sales of their best-known products in Russia. "Ensuring the well-being of our staff is our first and foremost priority, along with measures to meet patient needs and business continuity. Overall, we are monitoring evolving developments closely and preparing accordingly."

The company said in its annual report last year that its focus was on"scaling up in our major markets, which include Russia, China, Brazil, South Africa and Ukraine".

 

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