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Fly News Breaks for July 27, 2016
RDY
Jul 27, 2016 | 07:45 EDT
Credit Suisse analyst Anubhav Aggarwal downgraded Dr. Reddy's to Underperform citing the sharp decline in Q1 US sales, a weak near-term outlook further hurt by the expiration of the McNeil contract, increased R&D expense for Ph III trials for assets acquired from Xenoport and Eisai.
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