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Dr. Reddy's: Benefit from Obama and India with One Stock

 Jun 21, 2009 11:46 AM UTC
Return Risk
-11.17% HIGH
Tracked Blogger
Symbol Sentiment Start Return Closed
PRGO n/a
BRL n/a
RDY n/a
TEVA n/a

Graphic_arrow1 Via Long Investment Ideas from Seeking Alpha:  

As a continuation of my previous piece on Perrigo Company (PRGO), the second health care company I would recommend is Dr. Reddy's Laboratories (RDY). The company is based in India and has been a major player in the generic drug business for some time. It is not as large as TEVA (TEVA) or Barr Pharmaceuticals (BRL) but is on the next tier down, ranking in the top 12 generic drug manufacturers in the U.S.

Dr. Reddy's products are positioned mainly against prescription pharmaceuticals. Although they produce some over-the-counter products, for the most part they cover a different segment of the market than Perrigo.


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