Is GSK set to have a foothold in Dr Reddy's?

There is speculation that GlaxoSmithKline is in talks with Dr Reddy's Laboratories to get a foothold in the Indian company – about 5% - with an additional first right of refusal should Dr Reddy's' founders want to divest or pare their holding.

There is speculation that GlaxoSmithKline is in talks with Dr Reddy's Laboratories to get a foothold in the Indian company – about 5% - with an additional first right of refusal should Dr Reddy's' founders want to divest or pare their holding.

Investment banking sources told Scrip that there have been some basic talks, although no final verdict on which way things...

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