Glenn Saldanha, Chairman and MD, Glenmark Pharmaceuticals Limited receiving Golden Peacock Award for Innovative Business Leadership



As the Chairman and Managing Director of Glenmark Pharmaceuticals Ltd., he oversees the entire operations of the organization.

In 1998, he gave up a promising career in the US and return to India with a vision to create something unique. He joined Glenmark and took over the operations as the CEO. During his tenure, Glenmark has transformed into a truly global research-led organization with a revenue in excess of Rs 9,000 crore (USD 1.4 billion) and offices in more than 50 countries worldwide. Glenmark's branded generics presence is spread across five regions viz. Asia (including India), Europe, Africa, Latin America and RCIS. Glenmark has also established itself among the Top 15 generics companies in the US and has built a sizeable API business in a short period. At present, over 70% of Glenmark's total turnover comes from its overseas operations.

During his tenure the biggest achievement for Glenmark has been its ability to discover best-in-class or first-in-class molecules for global development and unmet medical needs, thus positioning Glenmark as a leader in drug discovery. Glenmark has managed to strike seven licensing deals in innovative R&D with big pharmaceutical companies. His vision is to discover and develop India's first innovative drug for the entire world.

A highly qualified professional, he holds a Bachelor's degree in Pharmacy from Mumbai University and an MBA from Leonard Stern School of Business, New York University. Prior to Glenmark, he has worked with some top pharma companies such as Eli Lily, USA and PricewaterhouseCoopers, USA.

His pioneering contribution was recognised nationally as the 'EY Entrepreneur of the Year, 2017' in Life Sciences & Healthcare category. In 2014, he was conferred with the Best CEO: Pharma & Healthcare (mid-sized companies')' by Business Today. He was among the ranking of 'Top 50 CEOs in India' by Entrepreneur Magazine. He was also conferred with the 'Swiss Ambassador's Award for Exceptional Innovation' – Embassy of Switzerland in 2012, and was among the Top 30 Youth Icons of India' (2012) by an Indian national daily.