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Dr. K. Anji Reddy (a Bechelor’s of Science in Pharmaceuticals & Fine Chemicals from Bombay University, and a PhD in Chemical Engineering from the National Chemical Laboratory, Pune) is the Founder-Chairman of Dr. Reddy’s. He served in the state-owned Indian Drugs and Pharmaceuticals Limited from1969 to 1975, was Founder-Managing Director of Uniloids Ltd from 1976 to 1980 and Standard Organics Limited from 1980 to 1984, before founding Dr. Reddy’s in 1984.
Under Dr. Anji Reddy’s leadership, Dr. Reddy’s has become a pioneer and a trendsetter in the Indian Pharmaceutical industry. It turned the Indian bulk drug industry from import-dependent in the mid-80s to self-reliant in the mid-90s and, finally, into the export-oriented industry that it is today. Dr. Reddy’s was the first company to begin drug discovery research in India in 1993 and has led the industry in turning from ‘copycats’ into innovators. Dr. Reddy’s was listed on the New York Stock Exchange in April 2001 (RDY) the first non-Japanese Asian pharmaceutical company to be listed on the NYSE. The present turnover of the company is in excess of 1 Billion U.S. dollars.
Dr. Reddy is a serving member of the Prime Minister’s Council on Trade & Industry, Government of India. He is also a member of the Board of Governors of the Institute of Chemical Technology, University of Mumbai. He is the Chairman of the Institute of Life Sciences, a public-private partnership initiative, set up on the campus of the University of Hyderabad, the first of its kind in the country. Dr. Reddy serves on the board of the Hyderabad Eye Research Foundation and also on that of the Vision Research Foundation, Chennai. He serves as a board member of GAIN (Global Alliance for Improved Nutrition), Switzerland, and is also the Chairman of Water Health International (India), an organization that raises awareness about water and health. The Naandi Foundation, a non-profit development institute that strives towards the eradication of poverty, has Dr. Reddy as its Chairman. He is also Founder-Chairman of Dr. Reddy’s Foundation, the social arm of Dr. Reddy’s, which acts as a catalyst of change towards achieving sustainable development. Dr. Reddy is a Fellow of the Indian National Academy of Engineering and a member of the General Body of the Birla Institute of Technology & Science, Pilani (Rajasthan).
Dr. Reddy has been the recipient of several awards and honors. Notable among them are the Sir P.C. Ray award, twice conferred on Dr. Reddy by the Indian Chemical Manufacturers Association in1984 and 1992, and the Federation of Asian Pharmaceutical Associations’ (FAPA) FAPA-Ishidate Award for Pharmaceutical Research in 1998. He was voted Businessman of the Year by India’s leading business magazine Business India in the year 2001. Dr. Reddy is a recipient of the ‘Padmashri’ Award in year 2001, conferred on him by the Government of India for his distinguished service in the field of Trade & Economic Activity and Industry. In recognition of his pioneering work and introduction of affordable medicine, the Chemtech Foundation bestowed on him the Achiever of the Year award in the year 2000 and the ‘Hall of Fame’ award in 2005, for his Entrepreneurship, Leadership and thrust towards Innovation. | 