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Dr Reddy's acquires India trademarks for 2 HRT drugs from UK's Mercury Pharma for $32 million
Dr Reddy’s Laboratories is entering the hormone replacement therapy (HRT) segment in India by acquiring trademarks for Progynova and Cyclo-Progynova from Mercury Pharma Group for $32.15 million. This strategic move aims to strengthen Dr Reddy’s gynecology portfolio and expand its presence in the HRT market, which addresses symptoms related to estrogen deficiency and menopause. The acquired brands generated sales of Rs 100 crore as per IQVIA MAT December 2025 data.