Koduru Ishwara Varaprasad Reddy Indian entrepreneur and founder of vaccine manufacturing company Shantha Biotechnics.
The Govt of India awarded him the Padma Bhushan award for his contribution in the field of science and engineering. He also received an honorary doctorate from Sri Venkateshwara University for his pioneering efforts.
Varaprasad Reddy was born in an agriculture family from Papireddy Palem village in Nellore district. He was the only Child to his Parents Late Mr. Venkata Ramana Reddy and Mrs. Shanthamma. He also served as the Advisor of RAS Lifesciences Pvt. Ltd., With Bachelor of Science degree from Sri Venkateshwara University in 1967, he did his Engineering (Electronics & Communication) from Andhra University – 1970. After which he pursued a Diploma in Computer Sciences from Biblingen University, West Germany in 1971. He also got his Masters in Business Administration Degree from Osmania University.
An electronics engineer by profession, Reddy worked as a defense scientist for 8 years. He worked as a APIDC (Andhra Pradesh Industrial Development Corporation) following which he also worked at Hyderabad Batteries Ltd, which was a venture that developed and produced batteries for Defence applications.
Shantha Biotechnics Limited
Varaprasad and Ahmed established the Shantha Biotechnics Limited Company in 1993 to produce cost-effective drugs to reach the common man at an affordable price, while maintaining International standards in quality. The project originated as an R&D outfit at the Osmania University under the industry-university interactive programme in 1993, and later operated out of the Center for Cellular and Molecular Biology until an independent R&D facility was built.