Reddy Laboratories founder Anji Reddy dead

Kallam Anji Reddy, the founder chairman of Dr Reddy’s Laboratories, passed away on Friday at a hospital here following brief illness. He was 73.

Kallam Anji Reddy, the founder chairman of Dr Reddy’s Laboratories, passed away on Friday at a hospital here following brief illness. He was 73.

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He is survived by wife Samrajyam, daughter Anuradha and son K. Satish Reddy, who is the managing director of the pharma giant.

One of the most well-known faces of the Indian pharma industry, Reddy was suffering from lung disorder for the last few months and was admitted to a private hospital here 10 days ago.

The technocrat-turned-entrepreneur, who started Reddy’s Laboratories with a meagre outlay of Rs. lakh in early 1980s, transformed it into $1.6 billion global entity.