ALKEM
| About the founder
Shri Samprada Singh
Shri Samprada Singh is one of the most respected and successful entrepreneurs of the Indian Pharmaceutical industry. Currently, Shri Samprada Singh is the Chairman of the Alkem Group of Companies which produces a turnover of US $ 250 mio. Shri Samprada Singh's success is noteworthy since he started his enterprise from scratch and through tremendous dynamism, vision and leadership, he has managed to turn it into a premier company in the Indian Pharmaceutical Industry. Alkem Laboratories Limited, is today the No.6 pharmaceutical company in India. In fact, Alkems products are supplied to approximately 30 countries, worldwide. The credit for this huge success is to be given to none other than Shri Samprada Singh for seeing Alkem through its various stages of progress Today, Alkem is a huge corporate house and a name to reckon with in the Indian pharmaceutical industry.
SHRI SAMPRADA SINGH was born into a family of agriculturists in Bihar. During his high school days, India's struggle for independence had intensified and he was instinctively drawn into this historic cataclysm. Mr. Singh drew his inspiration from his uncle, a freedom fighter, and went onto eschew foreign textiles and choose Khadi, a symbol of patriotism even at the tender age of 13. Mr. Singh also took an active plunge in the 1942 QUIT INDIA Movement. His intense patriotism made him decide at that stage to contribute significantly to his beloved motherland.
Mr. Singh entered Gaya College, Patna University in 1946 to specialize in Commerce. During his four years as an undergraduate, Mr. Singh exhibited his dynamism through various student activities.
It was understood that after his B.Com. Degree from Patna University in 1950, Mr. Singh would join his family activities in the agricultural sector and introduce advanced and modern farming techniques. However, successive draughts in the State of Bihar from 1951 onwards, compelled him to look elsewhere to nourish his entrepreneurial zeal. In 1953, Mr. Singh made a small beginning as a Retail Chemist. In 1960, he started a business of Pharmaceutical distribution in Patna under the banner of 'Magadh Pharma'. Due to his sincerity, hard work and affable nature, Mr. Singh was able to acquire the distributorship of several renowned multinationals and soon, successfully built up a sound distribution network in the eastern region of India. Realizing the limitations of expanding in the distribution business, in the year 1972, Mr. Singh became the founder Director of a Bombay based Pharmaceutical company.
Later, Mr. Singh went on to launch a new company of his own, under the name of ALKEM LABORATORIES LIMITED in 1973-74. The sole objective of this venture was to serve his countrymen with high quality and affordable medicines. His brother, Mr. B. N. Singh, a post graduate in Political Science, joined him in this new venture as a Director.
Under the able leadership of Mr. Samprada Singh, ALKEM has shown a spectacular growth. Today, Alkem enjoys a place of distinct honour and respect in the Indian Pharmaceutical Sector.
In the year 2004, Mr. Samprada Singh was honoured with the prestigious "Life Time Contribution Award" by the Express Pharma Excellence Awards, which is reckoned by many as the Oscar of the Indian Pharmaceutical Industry.
In June 2002, Mr. Singh received yet another award. The 'Medicine Update Lifetime Achievement - Health Care Award' went onto honour his achievement in the pharmaceutical industry as one of it's most successful entrepreneurs.
In October 2000, Mr. Singh was conferred upon with the 'Life Time Achievement Award' by Pharma Business and Technology, one of the most distinguished and respected entrepreneurs of the Indian Pharmaceutical industry.
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