Dr Reddys, Merck enters agreement

Dr Reddys has entered into an agreement with the US-based Merck to distribute and sell generic versions of Proscar and Zocor.

Dr Reddys Laboratories Ltd said on Wednesday that it has entered into an agreement with the US-based Merck to distribute and sell generic versions of Proscar and Zocor.

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The company would distribute and sell generic versions of Proscar and Zocor, upon the expiry of Merck's patents covered by these products, provided there is an 180 day exclusivity after the patents expiration for either product, it informed Bombay Stock Exchange.