
|
A
doctorate from the National Chemical Laboratory,Pune, is
among the very few entrepreneurs who has placed the
Indian Pharmaceutical Industry on the world map. To a
large extent he personifies Andhra Pradesh in its
industrialization and heads Dr.Reddy's Labs-a giant in
its own right, with over 2000 employees whose company is
the fifth largest Pharma company in the
country.
A man of vision with a strong commitment
on innovation, he spearheaded the revolution to make
Hyderabad the bulk drug capital of India. He is
also a crusader for intellectual property rights in
India.
Dr.Anji Reddy floated Dr.Reddy's
laboratories in 1984 and since then it has become a
major force to reckon with a very strong emphasis on
discovery of new molecules and patenting. The company
has retained its focus on bulk drugs and provided the
raw material for a number of formulation manufacturers.
Last year Dr.Reddy's Laboratories acquired a controlling
stake in the Chennai-based American Remedies Limited.
This takeover is expected to help DRL touch a
formulations sales of Rs 350 crore in 2000.Dr.Anji Reddy
has guided DRL's forays into overseas marketing- its
bulk drugs are exported to over 50
countries.
Dr.Reddy has also pioneered the basic
drug discovery research and founded Dr.Reddy's
Foundation in 1993 and has filed for 21 patents. The
company has allocated over 5 per cent of its total
income annually for research purposes and is also
actively involved in social development programmers
under the aegis of the Dr.Reddy's Foundation for Human
and Social Development.
Reachout
appreciates
the entrepreneurial and humanitarian endeavors of
Dr.Reddy for a hale and healthy world.
|