Samprada Singh Explained
Samprada Singh (1925 – 27 July 2019) was an Indian businessman, who was the founder and chairman of Alkem Laboratories,[2] which develops, manufactures and markets pharmaceutical formulations and nutraceuticals in India. It has operations in Europe, Africa, the Asia Pacific, South America, the United States and India.[3]
In 2017, Samprada Singh had an estimated net worth of $3.3 billion. He died on 27 July 2019.[4]
Early life and business career
Samprada Singh was born in Okri village in a Bhumihar Brahmin Family, Jehanabad, Bihar.[5] [6] He graduated from Patna University with Bachelors in Commerce. In 1953 he started a small chemist shop in Patna near PMCH, Patna. Further expanding to medicine distribution business under the banner name of "Magadh Pharma".[7] He founded Alkem Laboratories Ltd along with his younger brother Basudeo Narayan Singh, in 1973 and served as its chairman and his brother is the current executive chairman of Alkem.
Honors and awards
- In 2009, Pharmaceutical Leadership Summit & Awards founded by Satya Brahma awarded Samprada Singh with a Lifetime Achievement Award for building Alkem as a top Indian Pharma Company.[8]
- In 2017, Samprada Singh received the Ernst and Young 'Entrepreneur of the Year in Healthcare and Life Sciences'.[9]
- In 2017, Samprada Singh was ranked as the 43rd richest man in India by Forbes India rich list.[10]
- In 2018, Samprada Singh was the richest Bihari in India.
External links
Notes and References
- Web site: Bihar origin Samprada Singh is 48th richest Indian. www.bihartimes.in. 2018-01-18.
- Web site: Samprada Singh: Executive Profile & Biography – Businessweek. https://archive.today/20130930064552/http://investing.businessweek.com/research/stocks/private/person.asp?personId=29645673&privcapId=9104830. dead. 30 September 2013. Samprada Singh. Bloomberg BusinessWeek. 2013-09-30.
- News: A patriarch in winter . Ramesh Narayan . . 7 February 2008 . 2008-10-02.
- News: Alkem Laboratories founder Samprada Singh passes away . 27 July 2019 . The Economic Times . 27 July 2019.
- Web site: संप्रदा सिंह का निधन : मेडिकल रिप्रजेंटेटिव से बड़े उद्योगपति तक ऐसा रहा जीवन का सफर . 2023-02-15 . Dainik Jagran . hi.
- Web site: Basudeo Singh . 2023-02-15 . Forbes . en.
- Web site: 2019-07-28 . संप्रदा सिंह: सेल्समैन से करियर की शुरुआत फिर बना डाली 26 हजार करोड़ की दवा कंपनी . 2023-02-15 . News18 हिंदी . hi.
- News: Samprada Singh of Alkem Labs receives Lifetime Achievement Award. PressReader. 2019-10-08. en.
- News: Pharma Leadership Summit brings together healthcare fraternity. Announcement. 9 April 2009. Business Standard India. 2016-09-22.
- Web site: India Rich List 2017 - Forbes India Magazine. . Forbes . January 28, 2023.