Released on: September 21, 2007, 4:58 am

Press Release Author: M Mythili

Industry: Pharmaceuticals

Press Release Summary: Dr. Reddy\'s receives USFDA approval for Ranitidine (ZantacT)
Tablets, 150mg (OTC)- First major approval for its U.S. OTC business


Press Release Body: Dr. Reddy's Laboratories (NYSE:RDY) announced today, that the
U.S. Food and Drug Administration (USFDA) has granted final approval for the
Company's Abbreviated New Drug Application (ANDA) for Ranitidine (ZantacT) 150mg
tablet (Over-the-Counter). The Company is the only generic manufacturer to receive
FDA approval for this product following the expiry of innovator's patents. This is
the first approval for Dr. Reddy's U.S. OTC business unit following an announcement
in mid-May, to launch a Store Brand OTC Division in the U.S.

Commenting on the approval, Mark Hartman, President, North America Generics said,
"We are excited about the Ranitidine 150mg approval as it will complement our
Ranitidine 75mg OTC entry. This approval will help establish Dr. Reddy's in the U.S.
OTC business segment. The company has plans to expand its OTC product portfolio and
additional introductions are planned in the coming months that will certainly
include Rx switches and select OTC Monograph products".

The company will distribute the 150mg strength in blister counts of 8 and 24's as
well as bottles of 50, 65 and 95 counts.

About Dr. Reddy's:

Established in 1984, Dr. Reddy\'s Laboratories (NYSE: RDY) is an emerging global
pharmaceutical company with proven research capabilities. The Company is vertically
integrated with a presence across the pharmaceutical value chain. It produces
finished dosage forms, active pharmaceutical ingredients and biotechnology products
and markets them globally, with focus on India, US, Europe and Russia. The Company
conducts research in the areas of diabetes, cardiovascular and cancer.
www.drreddys.com


Web Site: http://www.drreddys.com/

Contact Details: Dr.Reddy\'s Laboratories Ltd.
Greenlands, Ameerpet,
Hyderabad 500 016, INDIA

Investors and Financial Analysts:
Nikhil Shah at nikhilshah@drreddys.com or on +91-40-66511532
Media:
M Mythili at mythilim@drreddys.com or on +91-40-66511620.