Pankaj Patel
Chairman, Cadila HealthcareBirth DetailsMarch 16, 1953 | Karamsad, Gujarat
NationalityIndian
LeagueBusiness Leader
EducationBSc., Gujarat University; M. Pharm, L.M. College of Pharmacy, Ahmedabad
Net Worth$5.6 billion (As of October 27, 2021)
Pankaj Patel’s Assets:
Pankaj Patel’s Journey so far ...
Before you go ...
- Stake in Cadila Healthcare
Pankaj Patel’s Journey so far ...
- Found by his late father Ramanbhai B. Patel in 1952, Pankaj Patel joined Zydus Cadila in 1976
- After the group was restructured in 1995, Cadila Healthcare was formed and Patel was put in charge of it
- Under Patel’s leadership, the company’s turnover rose from Rs 200 crore in 1995 to Rs 1,000 crore in 2000
- Some of his company’s most famous products include the blood pressure medicine Aten, Sugar Free and Everyuth face wash
- According to its website, the Zydus Cadila group reported a turnover of Rs 14,253 crore in FY20
- Currently, the Ahmedabad-headquartered group is the fourth-largest pharmaceutical company in India. It has its manufacturing and research facilities in five states across India and is globally present in markets such as the US, Europe (France & Spain), Latin America, South Africa and 25 other emerging markets
Before you go ...
- Patel is fond of travelling and is interested in theatre
Last Updated: 27/10/2021
Pankaj Patel News
- From Sunil Mittal to Sridhar Vembu, Harsh Goenka on nine entrepreneurs building India as their longest, proudest projectIndustrialist Harsh Goenka lauded nine prominent Indian business leaders for their nation-building efforts. Their work spans communication, steel, healthcare, technology, and global business expansion. These entrepreneurs have significantly contributed to India's economic growth, innovation, and employment. The post sparked widespread discussion on the impact of business leaders on national development.
- BITS Pilani alumnus Pankaj Patel contributes $1 million towards $100 million Endowment FundPankaj Patel, a BITS Pilani alumnus and founder of Nile, has donated US $1 million to the institute's Endowment Fund. This contribution aims to support transformative education and innovation at the institution. Vice Chancellor V. Ramgopal Rao expressed gratitude for the enduring commitment of BITS Pilani alumni like Patel.
- Zydus Group to invest Rs 5,000 cr in GujaratZydus Group plans to invest Rs 5,000 crore in Gujarat, including biotechnology products and hospitals. Memoranda of Understanding (MoUs) have been signed. Nayara Energy will expand its refinery at Vadinar and increase its retail network. Torrent Group will invest nearly Rs 48,000 crore in energy generation and distribution, including solar and hydel plants. Welspun Group will invest Rs 40,000 crore in the state over the next five years.
- Gujarat couple who were kidnapped in Iran while seeking to reach US illegally returnsThe couple were released by the kidnappers on payment of a ransom of Rs 10 lakh, police said. Krushnanagar police in Ahmedabad city had on Tuesday registered a First Information Report (FIR) against agents Abhay Raval and Pintu Goswami, who had allegedly promised to send the couple to the US through Iran.
- IIM Ahmedabad appoints Pankaj Patel as new Chairperson of the Board of GovernorsThe Indian Institute of Ahmedabad (IIMA) has announced the appointment of Pankaj R. Patel as the new Chairperson of the its Board of Governors, effective November 16. Pankaj R. Patel succeeds Kumar Mangalam Birla, who completed his four years term yesterday.
- Anand Mahindra, Ravindra Dholakia, Venu Srinivasan, Pankaj Patel appointed to RBI BoardThe government appointed Anand Mahindra, Ravindra Dholakia, Venu Srinivasan as a part time non-official Directors on the Central Board of Reserve Bank of India on June 14.
- Zydus Life's Pankaj Patel appointed part-time Non-official Director in Central Board, RBIThe Appointments Committee of the Cabinet (ACC) approved the proposal of appointment for a period of four years from the date of notification of his appointment, or until further orders, whichever is earlier.
- Zydus promise: Covid-19 vaccine by MarchThe Independent Data Safety Monitoring Board has reviewed the data and has found the vaccine to be safe.
- Expect Covid vaccine human trial to be completed in 3 months: Zydus Cadila Chairman‘We did a detailed 28-day toxicity study in two different animal species’
- Zydus Cadila boosts HCQ production 10XThe company with over Rs 13,000-crore revenue is helping the government to build a stockpile of 10 crore dosages of the drug, Zydus group chairman Pankaj Patel said. He added that there are enough stocks in the country and, if need be, it can be scaled up to even 50mt (25 crore tablets).
- Pharma wants a booster fund to push innovationIndian Pharmaceutical Alliance seeks to promote innovation backed by risk capital.
- 397 'crorepati' candidates in fray for Gujarat polls131 of these 397 'crorepati' candidates have declared assets worth over Rs 5cr, while 124 others have shown movable and immovable assets in the range of Rs 2cr to Rs 5 cr.
- Inflation to ease in coming months: India IncThe increase was led by firming up of food prices with vegetables segment remaining a key stress point at this juncture, said Pankaj Patel, President, Ficci.
- India Inc pitches for RBI rate cut as IIP growth slips to 3.1 per centIndustry body Assocham said the Reserve Bank's status quo on rates has disappointed the industry as there was a room for reduction in key policy rate.
- India Inc seeks reform push as IIP rises 2.7%The indices of industrial production for mining, manufacturing and electricity sectors posted growth rates of 5.3%, 2.3% and 3.9%, respectively in January 2017.
- Margin improvement will happen once new approvals come in: Pankaj Patel of Cadila HealthcareWe should expect significant approval coming in, in FY18 we expect 40 plus approvals may be happening now.
- Bayer CropScience appoints Pankaj Patel as chairmanBayer CropScience informed that the board appointed Pankaj Patel as an additional non-executive director of the company with effect from July 5.
- Startups expect five Cs from firms: coaching, customer relationship, capital, connects and cofounders, says Ravi Gururaj'Indian IT services’ evolution is well recognised. Having seen what Indian IT is capable of, customer expectations are also very high.'
- Make In India: Pharma entrepreneurs urge industry to address compliance issuesShanghvi said companies need to move beyond being mere generic players and look to innovate to capture the potential $800-billion pharmaceuticals market.
- India offers better opportunity for biosimilar drugs: Cadila Healthcare founder Pankaj PatelBiosimilars are follow-on versions of biologic drugs and far more complex and more difficult to copy than generic drugs because of the structure of the molecule.
- Zydus Cadila to acquire select animal health brands from ZoetisZydus operates its veterinary business through Zydus Animal Health. The company did not disclose the financial details of the deal.
- Zydus gets USFDA nod for clinical trials of Sarolitazar"USFDA has endorsed company's plan to initiate a phase II clinical trial of Saroglitazar in patients with severe hypertriglyceridemia," Zydus Cadila said.
- Zydus to use psychometric tests to assess staff performance, potentialThe aim is also to take the overall company's approach from task-oriented to one that prepares the organisation for growth.
- India Inc urges PM Narendra Modi to help cut capital cost to boost manufacturingIndian corporate leaders have urged PM Modi to take steps to further reduce the cost of capital to help boost manufacturing in the country.
- Indian-origin Pankaj Patel to engineer a Cisco's turnaroundPatel, 60, Patel will continue to lead Cisco’s development engineers and the company’s $36-billion technology portfolio. He leads a global team of about 28,000 people.
- Enter new CEO Chuck Robbins, exit Cisco's CTO Padmasree Warrior, says reportPadmasree Warrior is among the top executives on their way out as Cisco prepares to welcome Chuck Robbins, its first new CEO in 20 years.
- Cisco wants to partner in government’s initiative to build smart cities, broadband projectsPankaj Patel said the company has been working with Delhi Mumbai Industrial Corridor Development Corporation for developing smart cities.
- We hope to launch 2 original drugs by 2020: Cadila chairman Pankaj PatelIn biosimilars, EU has already laid out the path, the US has issued many guidelines and the pathway there is evolving rapidly.
- Internet of everything is growing at 45% every year: John Chambers, chairman & CEO, CiscoSmart cities is part of our internet of everything initiative. This initiative was incubated in the globalization centre in India and is largely driven out of here.
- ‘Modi Kurta’ designer sees NaMo in PM mantle“I had a dream — to dress the Prime Minister of India one day, and it is about to come true,” says Bipin Chauhan, couturier to Narendra Modi.
- US FDA refuses to allow Ranbaxy to export from banned unitsThe request was made by Ranbaxy MD at a closed-door meeting of CEOs of leading Indian pharmaceutical companies with US FDA Commissioner.
- It’s raining pay rises for Gujarat corporate czarsAfter taking big pay cuts last year, top honchos of leading companies in Gujarat have taken home almost double the salaries in 2012-13.
- New Indians at senior positions in Microsoft, Oracle and new start-upsHere we take a look at a fresher lot occupying senior positions in firms ranging from Microsoft to Oracle to new start-ups.
- Farmers rally against Gujarat's plans to develop Mandal as SIR5,000 farmers took out a tractor rally today protesting against Guj govt's decision to develop Mandal-Becharaji as Special Investment Region
- Founder of Nirma Group, Karsanbhai Patel, acquires Rs 40 cr AgustaWestland chopperAfter Adani group chairman Gautam Adani and Zydus group promoter Pankaj Patel, Karsanbhai is the third Ahmedabad-based industrialist to buy a chopper.
- Zydus to launch first new chemical entity by desi companyCadila Healthcare on Wednesday said that its new chemical entity (NCE), Lipaglyn , has been approved by the Drug Controller General of India (DCGI).
- Cisco Systems to increase commitments to India, especially in inclusion: John ChambersChambers said one of the co’s key objectives was to work with the government to find tech solutions to India’s challenges in education and healthcare.
- Could an Indian succeed John Chambers at Cisco?On a two day visit to the country Chambers told ET that he has two superstars who are from India - Padmasree Warrior and Pankaj Patel.
- Symposium on new drug discovery begins at Zydus Research CentreThe symposium is to address various aspects related to new drug discovery with a focus on cancer, inflammation, cardiometabolic diseases and infectious diseases.
- Vibrant Gujarat 2013: Ambanis, Ratan Tata & other top honchos share Dais with Narendra ModiGujarat CM Narendra Modi indicated that in days to come he will further strengthen his links and appeal with the industry.
- Tobacco prices likely to surge on shrinking acreageA decreasing acreage coupled with negligible carryover stock might firm up tobacco prices.
- Cadila Pharma Chairman Indravadan Modi dies at 87Founder of Ahmedabad-based Cadila Pharmaceuticals, Indravadan Modi, better known as the octogenarian horse-riding chairman, passed away at 87
- Beating slowdown: Top Gujarat businessmen like Zydus Cadila's Pankaj Patel and Dishman Pharma's Janmejay Vyas take pay cutsGujarat Inc is cutting corners to beat the slowdown. And, its captains are leading from the front.
- Tulsi Tanti, Hari Bhartia, Parimal Nathwani and other CEOs to accompany Narendra Modi to JapanThe delegation will seek Japan's enhanced cooperation for the upcoming Vibrant Gujarat Global Summit scheduled for January 11-13, 2013.
- Padmasree Warrior among favourites for CEO job in CiscoFor someone who aspired to a career in academics because tech was male-dominated, Warrior has much to look back at with satisfaction.
- Zydus Hospital to start in Ahmedabad, to foray into VadodaraZydus Hospital expects to commission its Ahmedabad hospital project by the end of 2013.
- Zydus Cadila buys out Biochem PharmaceuticalsZydus Cadila has acquired 100% stake in Mumbai-based Biochem Pharmaceuticals for an undisclosed amount.
- Nirma bid to unlock value via delistingFMCG major Nirma's move to delist from the bourses may have confused analysts and industry captains alike, but its 65-year-old founder Karsanbhai Patel seems to have a clear game plan.
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