#1168
P.V. Ramprasad Reddy
Overview
- Source of Wealth
- Pharmaceuticals
- Industry
- Healthcare
- Residence
- Hyderabad
- Marital Status
- Married
- Children
- 2
Assets
- Aurobindo Pharma211,100,000 shares @ --524804-IN
Biography
P.V. Ramprasad Reddy sits on the board of generics maker Aurobindo Pharma, which he cofounded in 1986.
Aurobindo Pharma makes drugs to treat a range of diseases such as diabetes and cardiac ailments.
The company gets nearly three-fourths of its revenue from the U.S. and Europe.
Starting with a single manufacturing plant, Aurobindo expanded into a global company with 35 manufacturing plants and 9 R&D Centers that serve more than 150 countries.
In July 2025, Aurobindo struck a $250 million deal to acquire U.S. drugmaker Lannett to expand its American manufacturing footprint.
About
The wife of Aurobindo's cofounder Nityananda Reddy is a cousin of P.V. Ramprasad Reddy.