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Company News: Companies Analysis, Updates & Insights | The HinduBusinessLine

Boiler blast at Vedanta plant in Chhattisgarh kills 11, injures 22 Madhya Pradesh CM says basmati rice from the State is exported to 47 nations IMD forecast of below-normal Indian monsoon poses risk to agriculture, economy Sify data centre arm IPO on track and will be timed with market conditions, says CFO BALCO deploys AI humanoid agent for real-time training, operations and safety Funskool clocks $40 million revenue in FY26, despite tariff headwinds Val-Met Engineering secures ₹200 crore funding from Nuvama Crossover Opportunities Funds BEML secures $36.38 million export order from West Asia region Chitale Bandhu Mithaiwale to inaugurate new production facility near Pune NCLT allows personal guarantee case against Videocon promoter Dhoot No immediate impact of US blocking Iranian vessels on India’s crude cargoes Indian spacetech startups shift gears from R&D to scalable manufacturing Protest by factory workers in Noida, Faridabad turns violent Sharon Pais takes over as Head of Myntra Nadir Godrej to retire as chairperson, Pirojsha Godrej named successor APAC emerges as growth engine amid data sovereignty push: IBM’s Hans Dekkers Unicharm India expands Diabetes Care portfolio Sarovar Hotels sees traction in tier II cities, pilgrimage towns Motherson Sumi Wiring says no impact on operations amid Noida labour protests Aster DM Healthcare invests ₹96 cr to expand Aster Whitefield by 159 beds Ola Electric launches S1 X+ 5.2 kWh with 4680 Bharat Cells India’s active LED display market hits ₹2,000 crore China’s TCL is said to consider stake sale in India TV business Strengthening R&D, investment key for Indian drugmakers to lead globally: Nadda Piper Serica deploys ₹210 crore in 33 start-ups; to invest remaining ₹63 crore in 2-3 months NCLAT adjourns hearing on Vedanta plea against selection of Adani's bid for JAL GE Aerospace signs contract with Indian Air Force to help establish in-country depot for F404-IN20 engines RateGain launches AI-driven hotel marketing certification programme Q4 Results This Week: HDFC Bank, ICICI Bank, Wipro, Just Dial among 42 companies reporting GE Aerospace scales AI from pilots to production; India anchors global capability Juno Joule Bio Fuels begins construction of compressed bio-gas project in Telangana Mcap of 8 of top-10 most valued firms jumps ₹4.13 lakh cr; HDFC, ICICI Bank top gainers Coal India absorbs cost surge to shield consumers from price spike Shell steps up LNG supplies to India, wins major fertiliser tenders after Gulf disruptions Luxury carmakers hope West Asia ceasefire will lift consumer sentiment Pharma and healthcare companies to face continued margin pressure: HDFC Securities Maruti Suzuki to launch 4 EVs by 2031 India Inc flags surge in cost of packaging raw material, seeks relief measures Orbicular gets USFDA’s tentative nod for generic Semaglutide Injection in partnership with Apotex Reliance seeks government approval to buy Iranian crude oil IPL 2026: Ad volume witness marginal dip in first 13 matches West Asia Crisis: Induction cooking may consume 13-27 GW power Tractor sales cross 10 lakh mark in FY26 on strong rural demand, GST cut India to continue buying Russian crude oil India comfortable on crude and LPG supply on diversified sourcing, says IOC chairman Vingroup plans 60,000 EV fleet as part of $6.5 billion Maharashtra push TVS Srichakra assumes US sponsorship rights to boost global brand visibility Vedanta Aluminium signs pact with two downstream companies Shapoorji Pallonji group reiterates call for public listing of Tata Sons THINK Gas launches GIS platform for instant PNG availability check, faster connections Swiggy co-founder Nandan Reddy to exit; 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Dr Reddy’s launches oral semaglutide biosimilar Obeda
2026-05-20 · via Company News: Companies Analysis, Updates & Insights | The HinduBusinessLine
Dr. Reddy’s semaglutide tablets is a prescription-based drug formulated using recombinant DNA (rDNA) origin of semaglutide active pharmaceutical ingredient (API)

Dr. Reddy’s semaglutide tablets is a prescription-based drug formulated using recombinant DNA (rDNA) origin of semaglutide active pharmaceutical ingredient (API) | Photo Credit: Jayasri R

Dr. Reddy’s Laboratories has launched its oral semaglutide biosimilar, indicated for type 2 diabetes mellitus in the Indian market.

Dr. Reddy’s oral semaglutide is available in tablet form under the brand name Obeda. This launch follows Dr Reddy’s recent generic semaglutide injection launches in India and Canada, further establishing the company’s position as a full‑stack player in GLP‑1 therapies.

“It can offer convenient, and flexible option which may support earlier treatment initiation, improving adherence and helping reduce the risk of long‑term complications,” the company said.

Affordability Factor

Dr. Reddy’s Obeda (semaglutide tablets) is available in 3 mg, 7 mg and 14 mg strengths and recommended for once-daily oral use. It is priced at ₹99, ₹135, and ₹225 per tablet for the 3 mg, 7 mg, and 14 mg doses, respectively.

“The launch of our oral semaglutide for patients with diabetes marks an important step in our journey to broaden access to advanced diabetes care. We recognise that every patient’s journey with diabetes is different, and treatment choices must reflect that diversity.  With this launch, we are broadening our GLP‑1 portfolio to offer patients more choice and flexibility,” MV Ramana, CEO, Global Generics, Dr. Reddy’s said in a release on Wednesday.

“As the products developed and formulated in-house, we are committed to reliable supply and consistent quality for patients in India. As we continue to build a comprehensive GLP‑1 portfolio, we are focused on delivering innovation, high-quality, and affordability, translating into meaningful treatment options and better long-term outcomes for people living with chronic metabolic diseases in India and beyond,'’ he added.

Diabetes Numbers

Dr. Reddy’s Obeda (semaglutide tablets), a prescription-based drug, is formulated using recombinant DNA (rDNA) origin of semaglutide active pharmaceutical ingredient (API). The Hyderabad-based company obtained approval for its oral semaglutide biosimilar from the CDSCO following a review of a Phase III clinical study enrolling 288 participants with type 2 diabetes mellitus conducted in India.

As per the ICMR‑INDIAB study, India represents one of the world’s largest diabetes burdens with over 101 million adults living with the condition and a prevalence of 11.4 per cent. Alarmingly, nearly 136 million individuals are prediabetic, and close to 40 per cent of adults have abdominal obesity, placing them at high risk of progression.

Published on May 20, 2026