Dr. Reddy's Launches Drug-Free Migraine Management Device Nerivio In Europe Following Successful Launch In India
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Dr. Reddy's Laboratories Ltd. has launched Nerivio, a drug-free migraine management device, in Germany through its subsidiary betapharm, marking its entry into digital therapeutics in Europe. Nerivio is FDA-approved and CE-mark certified.
April 10, 2024 | 11:08 am
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Dr. Reddy's Laboratories launches its migraine management device Nerivio in Germany, entering the European digital therapeutics market.
The launch of Nerivio in Germany represents a significant step for Dr. Reddy's into the digital therapeutics space in Europe, a move that could open up new revenue streams and market presence. Given the FDA approval and CE-mark certification, the product has a strong regulatory backing, which could positively influence investor sentiment and potentially lead to a short-term uptick in RDY's stock price.
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