Early Life and Education
G.V. Prasad was born in Nellore, Andhra Pradesh, India, in 1960. He received his early education in Hyderabad and Nellore. He pursued a Bachelor of Science in Engineering from the Illinois Institute of Technology and a Master's degree in Industrial Administration from Purdue University.
Rise to Success
Prasad's career in the pharmaceutical industry began when he co-founded Benzex Labs in 1985, which was later acquired by Dr. Reddy's Laboratories. In 1990, he became the CEO and MD of Cheminor Drugs Ltd. In 2001, Cheminor Drugs merged with Dr. Reddy's Laboratories, and Prasad became the Vice-Chairman and CEO, playing a crucial role in the company's global expansion and generics strategy. Under his leadership, Dr. Reddy's Laboratories has transformed into a global pharmaceutical giant.
Key Business Strategies
Prasad is recognized for his emphasis on innovation, ethical practices, and strategic global alliances. He has spearheaded initiatives to expand the company's global footprint, particularly in regulated markets. His focus on research and development has been instrumental in the launch of new drug formulations and the development of patient-centric therapies.
Philanthropy
G.V. Prasad is actively involved in philanthropy, focusing on causes such as healthcare access and education for underprivileged children. He supports organizations like the Dr. Reddy's Foundation, the Akshaya Patra Foundation, and the T. T. Reddy Foundation, contributing to initiatives that drive social impact and community development.