Please login to the form below

Not currently logged in
Email:
Password:

Dr Reddy’s Laboratories founder passes away

Dr K. Anji Reddy loses cancer battle

Dr Reddy's Laboratories Dr K Anji ReddyDr K Anji Reddy, the founder and chairman of India's Dr Reddy's Laboratories died last week after a long battle with liver cancer.

The son of a turmeric farmer, he set up the company that bears his name in 1984 and grew the Hyderabad-based firm into one of India's leading pharmaceutical companies.

In 1993, it became the first initiate domestic firm to begin its own basic drug discovery research and, while this has yet to come to fruition, its generics business has gone from strength to strength.

His son, and current managing director of Dr Reddy's Laboratories, Satish Reddy said: “Dr Reddy touched millions of lives through his contribution to the pharmaceutical industry and his philanthropic efforts. In improving access to affordable, high quality medicines and in innovation, his contributions have been extraordinary.”

Dr K Anji Reddy was increasingly focused on philanthropy in the last 15 years, leading initiatives to provide safe rural drinking water and meals to school children and farmers.

Of late, the company has been run by his son K Satish Reddy, as managing director and COO, and his son-in-law G V Prasad, who is the vice chairman and CEO.

A BSc graduate from Bombay University with specialisation in Pharmaceutical Science and Fine Chemicals, Dr Reddy obtained his PhD in Chemical Engineering from National Chemical Laboratory, Pune.

Soon after his studies, he served in the state-owned IDPL before he founded his own company in 1984.

Dr Reddy served as a member of the Prime Minister's Council on Trade & Industry, Government of India and was honoured with one of India's highest civilian awards, the Padma Bhushan, in April 2011.

18th March 2013

From: Sales

Share

Tags

Featured jobs

Subscribe to our email news alerts

PMHub

Add my company
Health Unlimited

Health Unlimited is a global health consultancy and communications agency built by specialists with unmatched experience, perspective and expertise. For...

Latest intelligence

The relevance of patient perspectives to value
Exploring the evolution of patient involvement in health technology assessment, and the role of the patient voice in market access....
How is the NHS Long-term Plan being put into action?
Steve How, Paul Midgley and Oli Hudson, of Wilmington Healthcare, explore some of the changes that have occurred since the plan was published...
real world studies
The evolution of real-world studies
How industry and regulators are using real-world data...

Infographics