Drug major Dr Reddy's Laboratories today launched Rebask cream used for moisturising skin in the Indian market.
"The cream is an advanced, Ceramide dominant, non-greasy and quick absorbing formulation that helps in moisturisation of skin," the company said in a statement.
The product also forms an skin barrier that prevents loss of moisture through the skin, it added.
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Shares of Dr Reddy's Laboratories today closed at Rs 2,283.15 per scrip on BSE, down 5.22 per cent from their previous close.