Jul
05
With the idea of diversifying coming to the forefront, Dr. Reddy’s Laboratories, an Indian pharma, is thinking of going into the pharmacy retail business and eventually into health services as well. The move to go into the health insurance market is not as original as it might seem since the Apollo Hospital Group of India has already started to tie up with DKV which is a European insurance provider in order to facilitate the inception of a health insurance provider company in the country. The diversification although costly may prove to be profitable for the company in the long run considering only three percent of the Indian population is insured and a pharmacy market worth $5 billion ready to be taken.