
Dr. Reddy’s (NYSE:RDY) announced the United States launch of Sugammadex Injection, a generic equivalent of Bridion, to expand its hospital portfolio.
The generic medication targets a market previously held by Bridion, which generated approximately $1.6 billion in U.S. sales over the 12 months ending May 2026.
Sugammadex Injection is indicated for reversing neuromuscular blockades in adult and pediatric patients aged two years and older undergoing surgery.
The company will offer the vertically integrated medication in 200 mg/2 mL and 500 mg/5 mL single-dose vials.
Following the announcement, Dr. Reddy’s share price was down at $12.07.
The pharmaceutical rollout marks the first day of generic availability for the medication within the United States.
The company stated it manufactures the injection through its global supply network to ensure execution excellence and supply reliability.
Dr. Reddy’s Laboratories (NYSE:RDY) reported fiscal third-quarter revenue that surpassed analyst expectations Wednesday, as explosive growth in emerging markets and a resilient domestic business in India helped offset a steep decline in its North American generic portfolio.
Dr Reddy's CEO Erez Israeli expects a healthy performance in the second half of FY2026-27 once the company resolves the semaglutide issue. Israeli believes the generics market for semaglutide in will be ultra-competitive, with more than 20 companies trying to gain market share.
Dr. Reddy’s Laboratories (NYSE:RDY) announced Wednesday the first-to-market launch of its over-the-counter (OTC) Olopatadine Hydrochloride Ophthalmic Solution, 0.7%, providing a lower-cost generic equivalent to Alcon’s Extra Strength Pataday® Once-Daily Relief.