Early Life and Education
Murali Krishna Prasad Divi was born in a small village in Andhra Pradesh, India, in 1950. He was the youngest of 13 siblings. Despite facing financial struggles, he was determined to succeed. He studied in Machilipatnam and later pursued a Bachelor of Pharmacy degree, which laid the foundation for his career. During his studies, he developed a deep understanding of chemical processes and the global pharmaceutical supply chain.
Rise to Success
After graduating, Murali Divi moved to the United States in 1976, where he worked as a pharmacist. However, he returned to India in 1990 and founded Divi's Laboratories. Initially, the company focused on developing commercial processes for manufacturing APIs and intermediates. The company went public with its initial public offering (IPO) on February 17, 2003.
Key Business Strategies
Divi's Laboratories focused on manufacturing APIs and intermediates. The company also does custom manufacturing for big pharma companies and produces nutraceuticals. Nearly 90% of its annual revenue comes from exports. Divi's Laboratories has a strong focus on research and development, with substantial investments in this area.
Philanthropy
Details on specific philanthropy initiatives could not be found in the search results.