OICHARTS
8 AMThe 8 AM report →
PharmaMedium impactAfter close

Delhi High Court allows Dr. Reddy's to manufacture semaglutide

after close1 source ↓written by the desknot a recommendation

patent expires
20 Mar 2026

The Delhi High Court denied Novo Nordisk an interim injunction against Dr. Reddy's Laboratories and OneSource Specialty Pharma regarding semaglutide, crucial for its drugs Ozempic and Wegovy. The court found Novo failed to prove a prima facie case of patent infringement. The companies can export semaglutide until Novo's patent expires on 20 Mar 2026. 📦

This ruling may boost Dr. Reddy's market position in the global anti-diabetic sector, while Novo Nordisk's competitive edge could be challenged. 💊

Not investment advice. For informational purposes only.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 4 Dec 2025, 16:12 IST.

Sourcesnews.google.com

The market after the news

DRREDDY closed −0.2% on the day of the news, from ₹1,277.60 to ₹1,275.20; Nifty +0.6% over the same session; futures OI −1.6%.

Bulletin at 16:12 IST on 4 Dec 2025. Every change is measured from ₹1,277.60, the last close before it, on 4 Dec. Nifty 50 is measured over the same sessions.

  • DRREDDY close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
  • futures OI, lots
DRREDDY closes around the bulletin against the close before the news, with Nifty 50 rebased to it115312781402axis spans 22%before the news · 4 Dec1278Nifty 50DRREDDYbulletinD0+1+3+528 Nov10 Dec19 DecFutures open interest, lotspeak 23,000Reference close ₹1,277.60. 16 sessions from 28 Nov to 19 Dec; the price axis spans 22 percent.
price axis fixed at 4 × the 14-session true range around the close before the news · values printed at each marked session
Closes after the news against the close before it, with Nifty 50 over the same span
SessionClose ₹Change %Nifty %
Before4 Dec₹1,277.60basebase
On the day5 Dec₹1,275.20▼ −0.2%▲ +0.6%−0.8 pp difference
+1 session8 Dec₹1,266.50▼ −0.9%▼ −0.3%−0.6 pp difference
+3 sessions10 Dec₹1,250.80▼ −2.1%▼ −1.1%−1.0 pp difference
+5 sessions12 Dec₹1,279.30▲ +0.1%▲ +0.1%+0.1 pp difference
Gap at the open, % · ₹
0.0%0.00 on 5 Dec
Day's range, % · ₹
0.88%≈ 11 high to low
Volume on the day
0.56×the 20-session average
Futures OI on the day
▼ −1.6%−330 lots · long unwinding · price −0.2%
Futures OI open, lots
20,0005 Dec · 30 Dec expiry
Futures premium, ₹
+6.60+0.5% to spot
Puts per call, by OI
0.51from 0.53 the session before
Max pain
1,270from 1,270 the session before

Source NSE UDiFF bhavcopy · DRREDDY on the desk →

Related