Dr. KI Varaprasad Reddy Founder of Shantha Biotechnics Pvt Ltd. And Non-Executive Chairman of the Board
Dr. K I Varaprasad Reddy is the Founder and currently, the Non-Executive Chairman of the Board of Shantha Biotechnics Pvt Ltd. An electronics engineer by profession, Dr. Reddy established the company in 1993 with the sole purpose of developing efficacious and cost effective vaccines, within the reach of common man. Shantha Biotechnics’ successful development of recombinant products heralded the bio-pharma revolution in India which motivated many scientists and entrepreneurs to develop and produce life-saving drugs indigenously. Under his leadership, Shantha Biotechnics won several awards for the company’s contribution in the field of bio-technology.
For his efforts in developing an affordable vaccine against Hepatitis B, Dr. Reddy was conferred upon the prestigious National Award – Padma Bhushan – by the Hon’ble President of India. Among his numerous achievements, he also received an Honorary Doctorate from Sri Venkateshwara University.
Dr. K.I 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.
after which he worked 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 Ltd. established in 1993 and served as the Managing Director and the Chief Executive Officer. He serves as an Advisor of RAS Lifesciences Pvt. Ltd.Shantha Biotechnics Ltd made the country’s first indigenously developed recombinant hepatitis B vaccine. The vaccine, Shanvac-B, was launched in the country in 1997.
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