With his eyes set on many more targets, Delcure Life Sciences is just a milestone and not destination for this man on a mission
People within Indian Pharmaceutical Industry (IPM) agree that their industry is riddled with volatility, uncertainty, complexity and ambiguity. This VUCA business environment makes it exceedingly difficult for new players to gain a foothold. However, there are also a few who thrive even in such challenging circumstances and establish themselves as an example to be followed, studied, and revered for their sheer will and achievements.
One such remarkable individual is Mr. Prashant Kumar Pathak, Founder MD & CEO of Delcure Life Sciences, who has made the venture DLS a force to reckon with through his clear and distinct differentiating strategies and visionary entrepreneurship. Pathak’s journey, very firmly stands out for his unwavering commitment to the industry, he has chosen and served for over 3 decades.
His journey certainly has not been the easy one. He started his career in the mid 80’s as a Medical Representative in a small unknown API company called Standard organics Ltd at a monthly salary of INR 550. This company, though small at that time, was destined to evolve into a good name SOL, but by that time he decided to move to its new offshoot DRL which got into the share of Dr. Anji Reddy.
Pathak fondly remembers his roots from a small town of Bihar; he initiated his career and through his sheer determination scaled up to becoming the CEO of an Indian Pharma company.
He very proudly claims that he has never worked in any MNC & has been a home grown executive. When he was entrusted upon the remains of once MNC (Searle India Ltd) for revival and resurrection in the year 2007, he started exploring an uncharted course leaving DRL that was RPGLS, he was in a dilemma whether he will be able to bring the required turnaround. Gradually when the business started turning around and moved towards touching 100 cr. marks in formulation business.
He was the first employee in DRL to receive the most coveted award “Chairman’s Excellence Award’ in Jan 2003 which took 9 years(1994-2003) to be there on the glittering dash of the annual function, but in RPG he achieved the same feet in just three years of joining in the year 2010.