The founder of Divi’s Laboratories, Dr. Murali Krishna Prasad Divi, overcame early setbacks, such as failing Class 12, to become the wealthiest man in Hyderabad. He established a multinational pharmaceutical conglomerate with perseverance and hard work, garnering praise for his extraordinary path to success and resiliency.
Introduction – From Failure to Fortune
Dr. Murali Krishna Prasad is here. Divi is Divi’s Laboratories’ founder and managing director. He became the richest man in Hyderabad, with his company valued at Rs 1.53 trillion, despite failing Class 12. His inspirational tale is proof of vision and tenacity.
Humble Beginnings in Andhra Pradesh
Dr. Divi was the youngest of 13 siblings born into a low-income family in a tiny village in the Krishna district of Andhra Pradesh. His early academic setbacks, such as failing his Class 12 examinations, did not stop him from going after his goals.
A Journey Abroad with Just $7
In 1975, Dr. Divi started working at Warner Hindustan as a trainee. With just $7 (Rs 597), he later relocated to the United States to pursue chances. After returning to India due to a family emergency, he joined forces with Dr. Kallam Anji Reddy to purchase Cheminor Drugs in 1984.
The Birth of Divi’s Laboratories
Dr. Divi established Divi’s Research Centre Pvt. Ltd. in 1990 to offer pharmaceutical businesses consultancy services. He converted it into Divi’s Laboratories by 1994 and used his savings to build a cutting-edge manufacturing plant in Nalgonda.
Global Pharmaceutical Leader
One of the top three producers of active pharmaceutical ingredients (APIs) in the world today is Divi’s Laboratories. The business manufactures vital ingredients for drugs that treat depression, epilepsy, arthritis, and other conditions that affect millions of people globally.
Overcoming Challenges and Innovating
Among the difficulties the business faced was a 2017 FDA ban on its facilities in Visakhapatnam, which was lifted within six months. Divi’s Laboratories is now exploring green chemistry and creating innovative obesity medicines including GLP-1 peptides.
Richest Man in Hyderabad
Dr. Divi’s journey from failing Class 12 to building a Rs 1.53 trillion empire is awe-inspiring. His success during the COVID-19 pandemic, particularly with Molnupiravir production, solidified his status as Hyderabad’s richest person and a global pharmaceutical leader.