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

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Dr Reddy’S: 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 your entire MenoLabs dietary supplements portfolio that features seven branded merchandise which might be designed to supply well being assist and deal with signs of perimenopause and menopause.
The seven manufacturers embrace MenoFit and MenoGlow probiotics, Completely satisfied Fiber and Effectively Rested dietary dietary supplements, Athena’s Protect menopause assist complement, Goodness Glow and Preserve Glowing Attractive dietary supplements for ageing assist.
The acquisition additionally consists of the MenoLife well being tracker app which helps the product line and gives group, training, and data relating to menopause.
The MenoLabs portfolio is offered in the USA, primarily by means of the model’s personal web site in addition to e-commerce gamers akin to Amazon and Walmart.
“The MenoLabs acquisition will function a catalyst to speed up progress on this house and construct upon our aspiration to steer 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 customers 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.