Samprada Singh (1925 – 27 July 2019) was an Indian businessman, who was the founder and chairman of Alkem Laboratories,[2] which develops, manufactures and markets pharmaceutical formulations and nutraceuticals in India. It has operations in Europe, Africa, the Asia Pacific, South America, the United States and India.[3]
Samprada Singh | |
---|---|
Born | 1925 |
Died | 27 July 2019 (aged 94) |
Nationality | Indian |
Alma mater | Patna University (B.Com.) |
Occupation(s) | Founder and chairman of Alkem Laboratories |
Children | NK Singh |
Website | alkemlabs |
In 2017, Samprada Singh had an estimated net worth of $3.3 billion. He died on 27 July 2019.[4]
Samprada Singh was born in Okri village, Jehanabad, Bihar.[5][6] He graduated from Patna University with Bachelors in Commerce. In 1953 he started a small chemist shop in Patna near PMCH, Patna. Further expanding to medicine distribution business under the banner name of "Magadh Pharma".[7] He founded Alkem Laboratories Ltd along with his younger brother Basudeo Narayan Singh, in 1973 and served as its chairman and his brother is the current executive chairman of Alkem.[2]