G. Prasad - Co-Chairman of the Board, Chief Executive Officer, Managing Director of Dr. Reddy's Laboratories Ltd

G. Prasad

Co-Chairman of the Board, Chief Executive Officer, Managing Director since 2014

Total compensation: $93,515,000
Age: 57

Mr. b>G/b>. V. Prasad serves as a Co-Chairman of the Board, Chief Executive Officer, Managing Director of Dr. Reddys Laboratories Limited since May 2014. He leads the core team at Dr. Reddys that has contributed signifi cantly to its transformation from a mid-sized domestic operation into a global pharmaceutical major. He is the architect of Dr. Reddys successful b>G/b>lobal b>G/b>enerics and Active Pharmaceutical Ingredient (API) strategies, as well as the Companys foray into Biosimilars and Differentiated Formulations. Mr. Prasad is engaged in strengthening the Companys research and development capabilities, supporting progressive people practices and building a holistic culture of operational excellence. He was declared Indias Best CEO in the Large Company category by Business Today in 2014, and India Business Leader of the Year by CNBC Asia in 2015. Mr. Prasad holds a degree in Chemical Engineering from the Illinois Institute of Technology, Chicago, USA and a Masters in Industrial Administration from Purdue University, USA.

Dr. Reddy's Laboratories Limited operates as an integrated pharmaceutical company worldwide. It operates through three segments: Global Generics, Pharmaceutical Services and Active Ingredients (PSAI), and Proprietary Products. The Global Generics segment manufactures and markets prescription and over-the-counter finished pharmaceutical products that are marketed under a brand name or as a generic finished dosage with therapeutic equivalence to branded formulations. This segment also engages in the biologics business. The PSAI segment manufactures and markets active pharmaceutical ingredients and intermediates, which are principal ingredients for finished pharmaceutical products. It also provides contract research services; and manufactures and sells active pharmaceutical ingredients and steroids in accordance with the specific customer requirements. The Proprietary Products segment focuses on the research, development, and manufacture of differentiated formulations for dermatology and neurology therapeutic areas. It also provides a portfolio of in-licensed dermatology products. As of March 31, 2017, this segment had 16 active products development programs pipeline that are in various stages of development. The company's therapeutic categories primarily include gastro-intestinal, cardiovascular, anti-diabetic, pain management, oncology, dermatology, urology, and nephrology. It has collaboration, license, and option agreement with Curis, Inc. to discover, develop, and commercialize small molecule antagonists for immuno-oncology and precision oncology; collaboration agreement with Merck Serono to co-develop a portfolio of biosimilar compounds in oncology, primarily focused on monoclonal antibodies; and strategic collaboration with Amgen Inc. for the commercialization of oncology and osteoporosis medicines. Dr. Reddy's Laboratories Limited was founded in 1984 and is headquartered in Hyderabad, India.

  • Dr. Reddy's Laboratories Ltd, 8-2-337, Road No. 3, Hyderabad 500034, India
  • drreddys.com
  • 91 40 4900 2900