Pankaj Patel
Pankaj Ramanbhai Patel is an Indian billionaire businessman, the chairman and managing director of Cadila Healthcare, the fifth largest pharmaceutical company in India.
- Indian pharma magnate Pankaj Patel controls listed company Cadila Healthcare, which was cofounded by his late father in 1952 to make vitamins.
- A pharmacy grad, Patel joined the firm in 1976 and took charge in 1995 after a formal separation between the two founding families.
- The $1.9 billion (revenue) Cadila is among India’s top five generic makers, headquartered in Ahmedabad city.
- His son Sharvil has been Cadila’s managing director since July 2017.
- In October 2018, Cadila outbid Coca Cola to acquire two nutritional drinks and other brands from Heinz India for $644 million.