US insurer names Dr Reddy's, dozens of other drug firms in price fixing row

The complaint involves 30 generic drugs, 42 companies; DRL denies wrongdoing, says will vigorously defend itself

Dr Reddy's Laboratories Limited is among the dozens of companies named in a price-fixing complaint filed by United Healthcare Services Inc and a host of other firms in the US last month.

Dr Reddy's disclosed this information in a latest SEC filing while denying any of wrongdoing on its part and vowing to vigorously defend itself against these claims.

According to the filing, on January 16, United Healthcare Services Inc filed a complaint against Dr Reddy's and 42 other defendants, involving a total of 30 generic drugs, alleging an 'overarching' price fixing conspiracy to rig bids and allocate customers with