RDY PDUFA decision: a positive outcome, +1.8%

On September 6, 2019, DR REDDYS LABORATORIES LTD reached its PDUFA decision. The result was a positive outcome, and the stock moved +1.8% in the window around the event. It had already run -9.6% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.