Dr Reddy's shares fall due to semaglutide supply issues
India's Dr Reddy's Laboratories is experiencing its worst trading day in three years following disruptions in the supply of semaglutide.
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India's Dr Reddy's Laboratories is experiencing its worst trading day in three years following disruptions in the supply of semaglutide.

Novo Nordisk has initiated legal action against India's Dr Reddy's Laboratories concerning a trademark dispute involving its popular drug Ozempic and Dr Reddy's product Olymviq.

The Indian High Court has dismissed an appeal by Novo Nordisk seeking to prevent Dr Reddy's Laboratories from manufacturing and exporting an Ozempic-like drug, allowing the Indian firm to proceed.