Dr. K. Anji Reddy- People's doctor
Dr. K. Anji Reddy, Founder & Chairman of Dr. Reddy's Laboratories Ltd., passed away on March 15 in Hyderabad. He was ailing for some time.
Under his leadership, the company became a pioneer and trendsetter in the Indian pharmaceutical industry. Dr. Reddy also set-up the "Institute of Life Sciences" at Hyderabad, which is a public-private partnership with the Government of Andhra Pradesh for carrying out cutting edge research in Life Sciences. Critically aware of his own responsibility to society, Dr. Reddy in the last decade was renowned for his outcome based institutionalized philanthropy that positively impacted the lives of nearly 5 million underprivileged citizens, mainly children and youth.
In 1998, Dr. Reddy set up the Naandi Foundation as a Public Charitable Trust. Naandi is probably India's largest rural safe drinking water provider, and gives midday meals to 1.3 million government school-going children and farmers. Dr. Reddy took up the cause of safe motherhood and newborn care, thereby reducing maternal and neo-natal care in India. He also spearheaded and founded the Neo Natal Intensive Care and Emergencies called "NICE Foundation", the only institute for newborns in Asia that also does large scale community outreach programs, saving a number of lives on a daily basis.
Dr. Reddy's mission in life was to provide innovative new medicines at a price that the common man could afford. His passion for research became legendary when Dr. Reddy's Laboratories Ltd. became the first pharmaceutical company of India to initiate basic drug discovery research in 1993. A B.Sc graduate from Bombay University with specialization in Pharmaceutical Science and Fine Chemicals, Dr. Reddy obtained his Ph.D in Chemical Engineering from National Chemical Laboratory, Pune. Soon after his studies, he served in the state-owned IDPL before he founded the company in 1984.
In April 2011, he was honored by the Government of India with the Padma Bhushan, one of the highest Civilian Awards in India, recognizing his distinguished service of high order in the field of Trade and Industry. In 2012, CNBC TV18 conferred the Lifetime Achievement Award (IBLA) on him for being a visionary who had spent a lifetime building up his company into a colossus with a global reach putting Indian industry on the world map. He, who single-handedly built Dr Reddy's Laboratories, founded in Hyderabad, into a power house of pharmaceutical manufacturing also received the BioSpectrum Asia Lifetime Achievement Award in 2010.