Dr Reddy’s acquires MenoLabs ladies’s wellness portfolio from Amyris

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Dr Reddy’s acquires MenoLabs ladies’s wellness portfolio from Amyris

HYDERABAD: Pharma main Dr Reddy’s Laboratories on Wednesday knowledgeable the bourses that it has acquired Amyris Inc’s ladies’s well being and dietary complement branded portfolio – MenoLabs – as a part of Amyris’ Chapter 11 chapter gross sales proceedings. The corporate didn’t disclose the price of the acquisition.
The Hyderabad-based firm stated it has acquired the complete MenoLabs dietary supplements portfolio that features seven branded merchandise which can be designed to offer well being help and deal with signs of perimenopause and menopause.
The seven manufacturers embody MenoFit and MenoGlow probiotics, Completely satisfied Fiber and Nicely Rested dietary dietary supplements, Athena’s Defend menopause help complement, Goodness Glow and Hold Glowing Beautiful dietary supplements for ageing help.
The acquisition additionally consists of the MenoLife well being tracker app which helps the product line and offers neighborhood, training, and knowledge relating to menopause.
The MenoLabs portfolio is offered in america, primarily by means of the model’s personal web site in addition to e-commerce gamers resembling Amazon and Walmart.
“The MenoLabs acquisition will function a catalyst to speed up development on this area and construct upon our aspiration to guide within the fast-growing ladies’s dietary and wellness markets,” stated Marc Kikuchi, Chief Govt Officer for Dr Reddy’s Labs in North America.
“The acquisition enhances Dr Reddy’s US self-care and wellness enterprise portfolio of manufacturers and addresses unmet wants of shoppers for science-based, research-driven merchandise that present reduction from the signs of menopause. For these and lots of different causes, I consider we’re well-positioned to efficiently combine and develop the enterprise,” he added.