Dr Reddy’s Share Price in Focus After Collaboration with Immutep on Oncology Drug Eftilagimod Alfa

Dr Reddy’s Laboratories has entered into a strategic collaboration with Immutep to develop and commercialise the oncology drug Eftilagimod Alfa in select global markets. This partnership aims to enhance cancer treatment options worldwide.
Details of the Collaboration
On December 8, 2025, Dr Reddy’s Laboratories SA, a subsidiary of Dr Reddy’s Laboratories Limited, signed an exclusive licensing agreement with Immutep SAS, a subsidiary of Immutep Limited.
This agreement grants Dr Reddy’s the rights to develop and commercialise Eftilagimod Alfa in countries outside North America, Europe, Japan, and Greater China.
Under the terms, Immutep will receive an upfront payment of $20 million (~AUD 30.2 million) and is eligible for potential milestone payments up to $349.5 million (~AUD 528.4 million), along with double-digit royalties on commercial sales.
Significance of Eftilagimod Alfa
Eftilagimod Alfa, or efti, is a first-in-class immunotherapy designed to activate the immune system against cancer. It is currently undergoing Phase III trials for non-small cell lung cancer and is being explored for other cancers like head and neck, breast, and soft tissue sarcoma.
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Terms and Conditions of the Agreement
The agreement allows Dr Reddy’s to develop, register, and commercialise Eftilagimod Alfa in the specified regions, with the right to grant sublicenses. Immutep retains manufacturing rights globally and will supply the product to Dr Reddy’s.
Dr Reddy's Laboratories Share Price Performance
As of December 08, 2025, at 3:17 PM, Dr Reddy's Laboratories share price on NSE was trading at ₹1,266.10 down by 0.71% from the previous closing price.
Conclusion
The collaboration between Dr Reddy’s and Immutep on Eftilagimod Alfa marks a significant step in expanding access to innovative cancer treatments. The agreement highlights both companies' strategic focus on advancing oncology therapeutics globally.
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Published on: Dec 8, 2025, 3:47 PM IST

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