HYDERABAD, Oct 10:Satish Reddy, Chairman of Dr.
Reddy’s Laboratories Limited has been appointed President of
the Indian Pharmaceutical Alliance (IPA) for 2019-2021, a
press release issued by the city-based drug-maker said on
Thursday.
Rajesh Jain, Managing Director of Panacea Biotec
Limited will continue as the Vice-President, it said.
As an active member of major industry associations and
governmental panels, Reddy played a key role in shaping
policies concerning the pharmaceutical sector as well as the
economy, such as policy formulation on India’s patent law,
drug pricing and important amendments to the Drugs & Cosmetics
Act.
He was a past president of IPA (2013-2015), the
release said.
Speaking on this announcement, IPA Secretary General
Sudarshan Jain said, “We are delighted to welcome Satish Reddy
and Dr. Rajesh Jain for the second stint as the President and
Vice President of the IPA, respectively. Both Reddy and Dr
Jain bring with them deep industry knowledge and have been
instrumental in sustaining Indian leadership in the global
pharma generics business.
“The leadership at IPA will help in unleashing the
potential of the Indian pharma industry and strengthen the
innovation ecosystem further growth for the industry,” he
added. (PTI)
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