Dr. Reddy's Laboratories (NSE:DRREDDY, BOM:500124) has launched its immuno-oncology drug Toripalimab in India and will market it under the brand name Zytorvi, according to a Thursday filing to the stock exchanges.
In 2023, Dr. Reddy's entered into a licensing and commercialization deal with Junshi Biosciences (SHA:688180, HKG:1877) for Toripalimab, which is approved by various regulatory authorities globally for the treatment of adults with recurrent or metastatic nasopharyngeal carcinoma.
Under the pact, Dr. Reddy's obtained exclusive rights to develop and commercialize Toripalimab in 21 markets, including India, South Africa, Brazil, and various countries in Latin America.
Shares of the company were down nearly 1% in recent trade.
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