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G. V. Prasad
జి.వి. ప్రసాద్
Dr Reddys leader GV Prasad.jpg
Residence Hyderabad, India
Nationality Indian
Ethnicity Telugu
Alma mater Purdue University
Illinois Institute of Technology
Alagappa College of Technology
Occupation CEO of Dr. Reddy's Laboratories
Religion Hindu
Relatives Kallam Anji Reddy (father-in-law)
Kallam Satish Reddy (brother-in-law)

G. V. Prasad (Telugu: జి.వి. ప్రసాద్) is an Indian business executive, and CEO of Dr. Reddy's Laboratories.[1][2] Prasad studied Chemical Engineering at the Alagappa College of Technology. After completing five semesters, he went on to the Illinois Institute of Technology in Chicago to complete the three remaining semesters. Prasad followed up the engineering degree with a one-year MBA at Purdue University. He won the 'Outstanding Senior Student' Award from the American Institute of Chemists, Chicago chapter in 1982. He earned his Masters in Industrial Administration from Purdue University a year later.[3]

His first exposure to the world of pharmaceuticals was in 1985 with Benzex Labs, a pharmaceutical enterprise that he co-founded. Benzex was later acquired by Dr. Reddys and Prasad returned to the construction business, only to come back to pharmaceuticals in 1990 – this time as the CEO and MD of Cheminor Drugs Ltd. In 2001, Cheminor Drugs merged with Dr.Reddy's Laboratories[4] and Prasad took over as the vice-chairman and CEO of the merged entity.[5]

Early life[edit]

Prasad, the second child of Syamala and Harischandra Reddy,[6] did his initial schooling at the Vidyaranya High School in Hyderabad, Andhra Pradesh, India. He later moved to his hometown, Nellore, where he finished his schooling at VR High School.[7]

Personal life[edit]

Prasad is married to Anuradha, the daughter of Kallam Anji Reddy, who is the founder of Dr Reddy's Labs.[8] Anuradha is the managing trustee of Dr Reddy's Foundation as well as the founder-director of Saptaparni, an organisation promoting the traditions and culture of India.[9]

Early career[edit]

After completing his Masters, Prasad returned to India and joined his father's construction business, immersing himself in various projects in Karnataka. In 1985, he co-founded Benzex Labs, an API manufacturing company, which was later acquired by Dr Reddy's. He briefly returned to the construction business before reappearing on the pharma landscape in 1990 as managing director of Cheminor Drugs Ltd. Fueled by a spirit of entrepreneurship, Prasad transformed Cheminor into a world class API and Generics manufacturer, largely through his focus on professionalism, good governance and transparency.

In 2001, Cheminor Drugs merged with Dr.Reddy's Laboratories and Prasad took over as the vice-chairman and CEO of the merged entity. Prasad is widely credited as the architect of Dr. Reddy's successful global generics strategy. He envisioned newer business platforms like the Custom Pharmaceutical business and Specialty pharmaceuticals and is dedicated to building the innovation side of the business.

Professional affiliations[edit]

  • AP State Committee, WWF-India
  • Member of the Advisory Board, Acumen Fund
  • Member of the Board, Infotech Enterprises Ltd.
  • Member of the Board, Diana Hotels, India
  • Member of the Board, Ocimum Bio Solutions
  • Member, American Chemical Society
  • Member, American Institute of Chemical Engineers
  • Served as Chairman of the CII National Committee on Environment and the Intellectual Property Committee (2006–2007)

References[edit]

External links[edit]


Original courtesy of Wikipedia: http://en.wikipedia.org/wiki/G._V._Prasad — Please support Wikipedia.
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1417 news items

 
PR Newswire (press release)
Tue, 02 Feb 2016 13:33:45 -0800

... Pharma, a wholly-owned specialty company of Dr. Reddy's Laboratories "This is a major milestone for the company as we continue to bring innovative medicines to patients and physicians," said Dr. Reddy's Laboratories CEO and CoChairman, G.V. Prasad.

Forbes India

Forbes India
Sun, 22 Nov 2015 18:38:36 -0800

hen Dr Reddy's Laboratories—India's second-largest drug maker by sales—crossed the billion-dollar turnover mark in 2006, its founder Dr Kallam Anji Reddy wrote a letter to his colleagues thanking them for their dedication. He shared his ambition for ...
 
PharmiWeb.com (press release)
Fri, 05 Feb 2016 07:22:30 -0800

... Pharma, a wholly-owned specialty company of Dr. Reddy's Laboratories "This is a major milestone for the company as we continue to bring innovative medicines to patients and physicians," said Dr. Reddy's Laboratories CEO and CoChairman, G.V. Prasad.
 
StreetInsider.com
Mon, 01 Feb 2016 03:12:29 -0800

“This development confirms our ability and commitment to develop differentiated dermatology products leveraging the in-house capabilities of Promius Pharma, LLC and Dr. Reddy's,” stated G V Prasad, CEO and Co-Chairman, Dr. Reddy's Laboratories.

Livemint

Economic Times
Mon, 01 Feb 2016 00:43:37 -0800

Dr Reddy's CEO and Co-Chairman G V Prasad said: "The development confirms our ability and commitment to develop differentiated dermatology products leveraging the in-house capabilities of Promius Pharma LLC and Dr Reddy's." DRL will be working ...

Pharmaceutical Processing

Pharmaceutical Processing
Sun, 31 Jan 2016 22:11:15 -0800

“This is a major milestone for the company as we continue to bring innovative medicines to patients and physicians,” said G V Prasad, CEO and Co-Chairman, Dr. Reddy's Laboratories. Follow us on Twitter and Facebook for updates on the latest ...

Financial Express

Economic Times
Fri, 29 Jan 2016 05:18:45 -0800

"This is a major milestone for the company as we continue to bring innovative medicines to patients and physicians," DRL CEO and Co-Chairman GV Prasad said. The new product will be marketed in the US by Promius Pharma, a wholly-owned subsidiary of ...

Livemint

Livemint
Thu, 03 Sep 2015 19:03:45 -0700

From betting big on developing cheaper copies of biotech drugs to spearheading a new venture to incubate start-ups, Dr Reddy's Laboratories Ltd's chief executive officer G.V. Prasad is focused on preparing the drug maker for the future. In an interview ...
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