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Samprada Singh

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Indian businessman (1925–2019)

Samprada Singh
Born1925
Jehanabad, Bihar, India
Died27 July 2019 (aged 94)
Mumbai, India
NationalityIndian
Alma materPatna University (B.Com.)
Occupation(s)Founder and chairman of Alkem Laboratories
ChildrenNK Singh
Websitealkemlabs.com

Samprada Singh (1925 – 27 July 2019) was an Indian businessman, who was the founder and chairman of Alkem Laboratories, 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.

In 2017, Samprada Singh had an estimated net worth of $3.3 billion. He died on 27 July 2019.

Early life and business career

Samprada Singh was born in a Bhumihar family in Okri village, Jehanabad, Bihar. 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". 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.
  • In 2017, Samprada Singh received the Ernst and Young 'Entrepreneur of the Year in Healthcare and Life Sciences'.
  • In 2017, Samprada Singh was ranked as the 43rd richest man in India by Forbes India rich list.
  • In 2018, Samprada Singh was the richest Bihari in India.

References

  1. "Bihar origin Samprada Singh is 48th richest Indian". www.bihartimes.in. Retrieved 18 January 2018.
  2. ^ Samprada Singh. "Samprada Singh: Executive Profile & Biography – Businessweek". Bloomberg BusinessWeek. Archived from the original on 30 September 2013. Retrieved 30 September 2013.
  3. Ramesh Narayan (7 February 2008). "A patriarch in winter". Business Line. Retrieved 2 October 2008.
  4. "Alkem Laboratories founder Samprada Singh passes away". The Economic Times. 27 July 2019. Retrieved 27 July 2019.
  5. Anshuman, Kumar (25 March 2018). "The reclusive pharma billionaire & globetrotter who has never lost a Rajya Sabha poll". ThePrint. Retrieved 23 November 2024.
  6. Kumari, Kajal (27 July 2019). "संप्रदा सिंह का निधन : मेडिकल रिप्रजेंटेटिव से बड़े उद्योगपति तक ऐसा रहा जीवन का सफर". Dainik Jagran (in Hindi). Retrieved 15 February 2023.
  7. "Basudeo Singh". Forbes. Retrieved 15 February 2023.
  8. "संप्रदा सिंह: सेल्समैन से करियर की शुरुआत फिर बना डाली 26 हजार करोड़ की दवा कंपनी". News18 हिंदी (in Hindi). 28 July 2019. Retrieved 15 February 2023.
  9. "Samprada Singh of Alkem Labs receives Lifetime Achievement Award". PressReader. Retrieved 8 October 2019.
  10. Announcement (9 April 2009). "Pharma Leadership Summit brings together healthcare fraternity". Business Standard India. Retrieved 22 September 2016.
  11. "India Rich List 2017 - Forbes India Magazine". Forbes. Retrieved 28 January 2023.

External links

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