Dr. Reddy's Laboratories Announced The Roll-out Of Nerivio In India, An FDA Approved Wearable Therapy Device For Drug-free Management Of Migraine
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Dr. Reddy's Laboratories has launched Nerivio, an FDA-approved wearable device for drug-free migraine management, in India. This could expand the company's product portfolio and potentially increase its market share in the therapeutic device segment.
November 16, 2023 | 12:21 pm
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Dr. Reddy's Laboratories' introduction of Nerivio in India may lead to increased revenue and market presence in the non-pharmaceutical migraine treatment sector.
The launch of Nerivio by Dr. Reddy's Laboratories is a significant addition to their product line, tapping into the market for drug-free therapeutic devices. Given that it is FDA-approved, it carries credibility that may enhance adoption and sales in India. This could positively impact the company's short-term revenue and strengthen its position in the healthcare device market.
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