Satya Vadlamani

Satya Vadlamani

Chairperson and Managing Director, Murlikrishna Pharma Pvt.Ltd

LINKS

http://www.satyavadlamani.com/

• cmd@mkppl.com

sudha@mkppl.com

http://www.bbc.com/news/business-33651725
https://in.linkedin.com/in/satya-vadlamani-3aa92a13


A BOOK ON HER

Follow Every Rainbow

By Rashmi Bansal

Summary

I am a BE in Electrical and Electronics from GITAM , 1987 Batch. Started career in Pharmaceuticals as an Export Manager in Armour Chemicals Ltd. in 1992. Quit from Ajanta Pharma Ltd. in 1997 as a General Manager International Marketing. Set up Murli Krishna Exports ( A Pharmaceutical API's Marketing and Trading Company in 1997.

Murli Krishna Pharma Pvt. Ltd. was started by me and Dr.Vijay Shastri in 2004 with a group of 4 Directors. The Plant was commissioned in 2005. MKPPL got its first EU Approval in 2007 for a single molecule. It was re audited and approved by the same regulatory body for 7 molecules in 2010 . This year it has an approval from the European Union for 20 molecules , which is an achievement for the Company. Today the company has 4 potential IPR's , and is on a supply agreement with one of the leading Generics of World.

It has DMF's filed for most of its products in the US and registrations in place for the rest. The Plant has been approved by Major Pharma Companies like Mylan , Sanofi , Dexcel and Pfizer for GMP Compliance.

I have also been featured as one of India's leading Female Entrepreneurs in a book called "Follow Every Rainbow "​ by Ms.Rashmi Bansal.

I have been invited to give talks as a Motivational Speaker by various organizations like TIE ,
FICCI-FLO , Tanishka Forum , IBN Lokmat etc.

I was featured as a woman Entrepreneur , a part of the Business Report , by BBC 

http://www.bbc.com/news/business-33651725

SATYA VADLAMANI BBC 270815 2145PM - YouTube

▶ 3:58

https://www.youtube.com/watch?v=j9K5GIbdfOo

Sep 3, 2015 - Uploaded by Satya Vadlamani

SATYA VADLAMANI BBC 270815 2145PM. Satya Vadlamani.

With Satya Vadlamani, MD, and Vijay Shastri, both from Murali krishna pharma, At Taj land ends, Mumbai India...Launch of Icon for world medical tourism..awards and function, along with ABP NEWS, Wed, 23rd Nov 2016, Satya vadlamani wins best CEO award

AT MY RESIDENCE, Seen is Madhuri KV also who is very close to her and related

Satya Vadlamani
C/o Murli Krishna Pharma Private Ltd.

 D-98, MIDC Ranjangaon,

 Taluka - Shirur

 Pune - 412209. Dist. Maharashtra. India.

WHAT SHE HAS TO SAY

Today I am a successful Entrepreneur of a 7 million dollar Manufacturing Company. To the world I appear as a confident, happy human being who is enjoying all the success that the world has to give. Cars, Houses and apparent wealth.

But is that who I am. I am a woman first and an independent woman at that. Success never comes easy. It requires a lot of risk taking and a very strong mental balance and a never say die attitude.  But before I go about talking about my professional side, let me elaborate a bit about myself.  Here are a few lines that best describe me:
 

Ek pyaar se bhara dil tha mera

Jiske armaanon ko palko pe sajaaya karti thi

Ek masoom si ladki thi,

Mohabbet ke khwab dekha karti thi

Ek chehra banakar khayaalon mein

Phir us chehre ko bheed mein dhoonda karti thi

Kaisi pagal ladki thi

I have learnt over a period of time that people come into your life with a specific purpose and once the purpose is served they go away. These are kinder-ed souls sent in to enhance your life.

 

For me,  the day goes on. I do not believe in resting on my laurels.
 

I run a Pharmaceutical Unit near Pune, India. We manufacture Pre Finished
formulation Intermediates in the form of Pellets, Granules and nano particulates.
Today we are making Profits, we have potential IP’s. And thedecade long
Journey that started with Single Product and only an Indian FDA Approval has
turned the corner. Today we have 20 molecules, PIC/s Approvals, EU Approval,
Jordanian FDA approval and Pellets ranging from Macro size to Nano Particles.
Our Research and Development Department is accredited with approval as an
R&D House by the Department of Science and Technology, India.
 

In the process, there was a lot of learning, as well. I think setting up an industry first time is the toughest.  After that, you can set up as many as you want.  And no management school can prepare you for the experience. It stretches you to the limit.
 

Today I am looking forward to more Regulatory Approvals , More recognition in terms of securing good R&D Projects from renowned Pharmaceutical Companies worldwide, Increasing our customer base.
 

At the same time , I am also looking forward to spending more time with my friends . I Would love to travel a lot ,  write more and probably in the process find my pot of gold.
 

The trek to reach this foothill was not easy. It was an arduous climb. So what was it that kept me going through these terribly tough times?
 

There is a point of no return in any business. When it came, I did not turn back. Because once you start something you cannot accept failure. And that's probably what kept me going.

Along with the support of family and friends.
 

I am grateful to my Parents especially my dad. He was my best friend, Philosopher and guide, Vijay who would unstintingly support me in everything I did, and of-course my investors who had placed their faith  in me, who knew I would never cheat them. I think it is  that faith that allowed me to carry on.
 

There were sacrifices and compromises on the family front as well. Even though the kids were older and didn't need me as much, I had not realized the project would consume me so completely.
 

I invested everything I had earned in Murli Krishna Pharma. And it was  not just money, it was my time, my passion and my entire life.
 

For the first two years I travelled up and down constantly,  the factory being a 4 hour drive from Mumbai. I had to visit not just the plant but the bank and also my buyers. So, I had to juggle a lot.

In October 2005, I decided to shift base to Shirur, along with my parents and younger son Krishna. This meant relocating Krishna to a  rural school.Trust me, it helped my son a lot. In Mumbai he was a 50% student, there he gradually went upto 80%-90% and now he is studying Pharmacology in UK. My Elder son Arjun stayed back in Mumbai as he was in the 2nd  year at Atharva College of Engineering in Mumbai.He is highly independent, just like my late husband, an engineer who specialized in setting up new Petrochemical Projects.
 

Eshwar, my husband  had his work, I had mine. Eshwar only got involved with Murli Krishna Pharma briefly, while the plant was being set up. It's easy to marry for love, but you find that love walks out at some point in your life. Then, you start concentrating somewhere else. I concentrated very heavily on my profession.
 

We were both very independent a far as our working is concerned. It's not that we did not  like each other,  but ours was not a conventional married life. Indian men are overprotected by their wives or mothers,  they are not used to handling too many problems. Women are definitely stronger!
 

Sometimes my kids do blame me for not giving them sufficient time. I agree I was not the 'greatest mother' in the world, but I did the best I could. I believe that at least one love of your life should be 100% which takes up all your time. For me it has been the plant
 

The end result of all the passion poured into Murli Krishna Pharma is a world class manufacturing company. One of the few, worldwide, with both EU and WHO-GMP approvals in pellets.
 

Today people appreciate our products, our quality, our plant - there is the satisfaction that we have done something. The idea was not only to make money but to make a mark. I have never tried to steal technology or tried to start a business while having a job because I believe loyalty is important. My conscience must always be clean. 

We make good project reports, we give it to the bank and later on we try to make ends meet. Believe me, it is a very tough job trying to do that!
 

I was not financially savvy but I was forced to learn how to read a balance sheet. I had to learn about actual financial management, something which was not my forte at all.

In India the moratorium for repayment is very limited and in the process companies die. Especially in manufacturing,  where it takes at least 3 years to make a profit.  
 

Today the plant has 120 fulltime employees and another 30 who work on contract basis. "

I believe that I have only reached the foothills. Lofty peaks of ambition still remain to be conquered.


A CLIP FROM HER BLOG

Experience

Chairperson and Managing Director

Murlikrishna Pharma Pvt.Ltd.

April 2004 – Present (12 years 8 months)Pune Area, India

Murli Krishna Pharma Pvt. Ltd. is an EU GMP (PIC/s approved) Facility with WHO GMP Certification.

USP of the Facility --Totally Aqueous Technology with NIS for its Products.

Supplier to Major generics worldwide , has DMF's logged with USFDA and other regulatory bodies.

Our products are in the form of pellets (normal, micro and NANO)/ Granules/ MUPS.
These are ready to fill in capsules, ready to compress in tablets, ready to use in suspensions.
The product is under development for use in injections.

Our Therapeutic segment ranges from.....

Proton Pump Inhibitors:
Omeprazole, Lansoprazole, Esomeprazole, Pantoprazole, and Mesalamine.

Anti Fungal:
Itraconazole and Voricanazole

Taste Masked Macrolides:
Clarithromycin and Azithromycin

NSAID: Diclofenac Sodium

Anti Obesity:
Orlistat

Immune Suppresants:
Tacrolimus, Sirolimus, Everolimus and Mycophenolate

Oncology: Paclitaxel and Docitaxel in Nano's for injection and Aprepitant for chemotheropy

Office at MKPPL

BBC Interview

PROFESSIONAL

General Manager

Ajanta Pharma Ltd

January 1996 – December 1997 (2 years)

Deputy General Manager

Biochem Synergy Ltd

April 1995 – January 1996 (10 months)

Education

Andhra University

BE, Engineering

1982 – 1986

Kendriya Vidyalaya

1969 – 1981

Satya Vadlamani and her experience of setting up a pharma company

Satya Vadlamani, the founder of Murli Krishna Pharma Private Ltd., a leading drug delivery systems (DDS) company in India that provides a range of effective solutions to optimise the delivery of pharmaceutical products speaks to us about entrepreneurship and her experience of setting up the company.

Tell us a little about yourself.

I run a $ 7 million manufacturing company - Murli Krishna Pharma Private Ltd. I grew up on the sprawling IIT Bombay campus as my father was a professor at IIT Bombay, my mother was a teacher. Like many IIT children, I too wanted to become an engineer. I studied at the Gandhi Institute of Management (GITAM) in Vishakhapatnam. Girls were scarce in the engineering stream in those days.

Can you tell us about your current venture?

I run a Pharmaceutical Unit near Pune, India. We manufacture pre-Finished formulation Intermediates in the form of pellets, granules and nano particulates. The decade-long journey that began  with a single product and only an Indian FDA approval has turned the corner. Today we have 20 molecules, PIC/s approvals, EU approval, Jordanian FDA approval and pellets ranging from macro-size to nano particles.

Our Research and Development department is accredited with approval as an R&D House by the Department of Science and Technology, India. I think setting up an industry the first time is the toughest.  No management school can prepare you for the experience.

What are your future goals for the company?

I am looking forward to more regulatory approvals, more recognition in terms of securing good R&D projects from renowned pharmaceutical companies worldwide, increasing our customer base, etc.

Tell us about the entrepreneurial journey.

I invested everything I had in Murli Krishna Pharma. And it was not just money, it was my time, my passion and my life. For the first two years, I travelled constantly since the factory is a 4-hour drive from Mumbai. I had to visit not just the plant but the bank and also my buyers.

Sometimes my kids do blame me for not giving them sufficient time. I agree I was not the “greatest mother” in the world, but I did the best I could. I believe that at least one love of your life should be 100% which takes up all your time. For me, it has been the plant.

The end result of all the passion poured into Murli Krishna Pharma is a world-class manufacturing company. One of the few worldwide with both EU and WHO-GMP approvals in pellets. Today people appreciate our products, our quality, our plant - there is the satisfaction that we have done something. The idea was not only to make money but to make a mark.

How did you venture into this industry?

I was juggling a lot of things and was facing some personal problems too. During that period my father-in-law Mr Vadlamani Subbarao - a veteran in the pharma industry - shifted to Mumbai. Leaving Ranbaxy as a Vice President, he joined Armour Polymers Ltd as an Executive Director. Through him, I met Dr Atma B Gupta, Managing Director of Armour Group of Companies.

We had a couple of interactions and he felt that I had the ability to do a lot more marketing than what I was doing. On his suggestion I agreed to join the company on a part-time basis. My role was simple, to get site approval from UNICEF, Denmark for the formulation plant of the company based at Mandideep, near Bhopal.  This would facilitate sales of the products to UNICEF and other NGOs.

Whom do you draw your greatest strength from?

My father was my best friend and biggest support in all my ventures. Were it not for him and his unstinting support, I don’t think that I would have reached where I am today. Today he is no more. I still miss him. I am lucky to have my mother near me. She is my support now.

What advice would you leave us with?

The truth is that given another chance, I will take the risk again but with a good risk assessment in place. I will always follow my dreams and fly high like the eagle.

In the words of Robert Frost ---

The woods are lovely, dark and deep.

I have promises to keep

And miles to go before I sleep.

And miles to go before I sleep.

With inner strength and fortitude. And a positive attitude, above all.

For a detailed version of Satya’s story, have a look at her blog.

Making medicine in a man's world - BBC News - BBC.com

www.bbc.com/news/business-33651725

Jul 24, 2015 - ... one woman running her own manufacturing plant near the city of Pune. Satya Vadlamani is the managing director of Murli Krishna Pharma.

Satya Vadlamani - Google+

https://plus.google.com/108871532967147907251

Mar 2, 2016 - Satya Vadlamani - Murli Krishna Pharma Pvt.Ltd - Mumbai-India - Kendriya Vidyalaya.

Satya Vadlamani | LinkedIn

https://in.linkedin.com/in/satya-vadlamani-3aa92a13

Mumbai Area, India - ‎Chairperson and Managing Director, Murlikrishna Pharma Pvt.Ltd. - ‎Murlikrishna Pharma Pvt.Ltd.

View Satya Vadlamani's professional profile on LinkedIn. LinkedIn is the world's largest business network, helping professionals like Satya Vadlamani discover ...

Satya Vadlamani and her experience of setting up a pharma company ...

https://sheroes.in/articles/satya-vadlamani-and-her-experience-of.../MTE5Nw==

Nov 19, 2015 - Satya Vadlamani, the founder of Murli Krishna Pharma Private Ltd., a leading drug delivery systems (DDS) company in India that provides a .

Dr Vijay Shastri Technical director and Satya Vadlamani  Murli Krishna Pharma,

Murli Krishna Pharma Pvt. Ltd.

Name of the Delegate :	Ms. Satya Vadlamani
Designation :	CMD
Address of correspondence :	D-98, MIDC Ranjangoan, Shirur Taluk, Pune Dist, Pune. 412209
Telephone No :
Fax No :	+91 2138 670359
Email id :	sudha@mkppl.com
Website :	www.mkppl.com

Company Profile:

Ø  Murli Krishna Pharma Pvt. Ltd. is 100% EOU. MKPPL is a EUGMP, WHOGMP & PIC/s approved plant. Established in the year 2004. We are the specialized manufacturer of pharmaceutical pre finished formulations i.e Pellets, Granules/ MUPS which are ready to fill in capsules, compress in tablets and in suspensions. 
Our products are bioequivalent and have aqueous route for manufacturing.
USDMF/ EDMF in CTD format is ready for all the products we manufacture.  We manufacture the product as per customer’s requirement for both regulatory and non regulatory markets (global markets).

Product Profile:

1.       Orlistat Pellets

2.       Aprepitant Pellets

3.       Clarithromycin Taste Masked Granule /Micro Pellets

4.       Azithromycin Taste Masked Granules

5.       Sirolimus Micro Pellets

6.       Tacrolimus Pellets/Micro Pellets

7.       Itraconazole Pellets

8.       Lansoprazoe Pellets

9.       Esomeprazole Pellets/ Micro Pellets

10.   Pantoprazole Pellets

11.   Omeprazole Pellets

12.   Tamsulosin HCL SR Pellets

13.   Mesalamine Pellets

14.   Mycophenolate Mofetil Pellets

Satya Vadlamani  QUOTE...........

In 1989 I took a call that I should take up some job and that’s how I joined the computer industry, specifically in the marketing part of it. The job paid only Rs 1000 per month, but it was a start.

The first company I joined was CNC Computers in Fort area of Mumbai. My last job in the Engineering Industry was with Kaycee Group of Industries - as a sales engineer. My specialization, I found along the way, was primarily marketing. I was extremely good at marketing. The job that I was doing was monotonous and uninteresting.

Another change was in the offing. I learnt about gemstones and decided to export the same to select clientele in Europe. After understanding about the gem stones, I made my first exploratory visit to Europe.

Travelled from Copenhagen to Italy and stayed with some close family friends. Built a nice customer base and came back to India. I floated a company called Arjun Enterprises and did quite a bit of exports of precious stones through that company. It was fun. Travelled a number of times to Europe and made loads of new friends. I had an ability to connect with strangers.

All this while, my married life was going for a toss. I had my second child in 1992 in the hope that a child would bond us better .I was not too happy the way my personal life was shaping.

During that period my father-in- law Mr. Vadlamani Subbarao - a veteran of the Pharma industry - shifted to Mumbai. Leaving Ranbaxy as a Vice President, he joined Armour Polymers Ltd. as an Executive Director.

I thought of restarting my career by joining the company on part time basis.. My role was simple to get site approval from UNICEF, Denmark for the formulation Plant of the Company based at Mandeep, near Bhopal.

 This would facilitate sales of the products to UNICEF and other NGO’s. The prospect was exciting and I readily agreed. But my father in law was not very pleased. He belonged to the old school of thought that women should not work. .

And even if they had to work, it was certainly not in Pharmaceutical Industry and definitely not in Marketing. But, since it was a small and temporary assignment, he agreed. I completed the project successfully and Dr.Gupta was so impressed he offered me a new and meatier role. It was that of an 'international marketing manager' Home, office, Kids and in laws. Also learning about an exciting field called Pharma. I had no idea about this Industry. I learnt everything from Dr Gupta.

I really enjoyed marketing of Active Pharmaceutical Ingredients. I started with the SE Asian Markets and then moved on the Trading Circuit of Europe. In 1995-96, Armour was going through some problems, so I shifted to another company called Biochem Synergy Ltd .

Around the same time, my father in law was diagnosed with secondary stage cancer. He passed away after a brief illness. He was a very brilliant, very straight man. He set up numerous projects but never made any money out of it. Despite our differences of opinion, I looked up to him greatly.

As a Deputy General Manager at Biochem Synergy Ltd., my life got even more hectic then before. I headed the Bombay office, while the plant was based in Pithampur near Indore.  I was handling the marketing and logistics. There was a lot of travelling. By this time I had developed a handle on the industry, created a network of contacts and, most importantly gained confidence. While Armour
specialized in semi-synthetic capsules, Biochem specialized in Cephalosporin’s.

In 1996, I joined Ajanta Pharma Ltd. as a General Manager- International Marketing. I was the youngest women to be posted as General Manager in an Industry Predominately male oriented during that period.  I worked there only for a year, because things were getting complicated on the home front.

The Ajanta office was in Kandivili, which meant I left home by 7 am and while we officially closed at 6.30 pm but generally that's when the MD would call for a meeting of all the Heads of the departments. The meeting would go on till 8-8:30 pm. By the time I reached home it used to be 10 o’clock. So even on the days when I was not travelling, I used to leave when my kids were sleeping and return when they were asleep.

I knew that somewhere, I was losing it. This job, this life and career was extracting too high a price. But, there was an alternative.I thought of starting a small Indenting company of my own. I would work on my terms and on my risk. And this would give me more time with the children. I informed my boss that I would be quitting, and starting my own company. 

I was very clear about one thing - not using any clients or contacts from the current job, for my new venture. But despite the fact that they knew my plans, they had full faith in my integrity and continued sending me on overseas assignments till the end of my notice period. Whichever job I have left till now, even today I am in very good terms with the owners of the company. The reason has been that I have never taken anything from the company which was not mine.

I completed my three month notice period, and in 1998, set up M K Enterprises. We were three partners in the Company. One was me, another a friend and third my mother. It was an indenting company. We would get orders for foreign companies, give it to the manufacturer and earn a commission of 2-3%.

MK Enterprises also became the India representative for a Hamburg based trading company called as Ferro –Im-und- Export Gmbh. That brought in a fixed monthly retainer for us. During beginning 1999, we converted the company into a private limited company - Murli Krishna Exports Pvt. Ltd.

Over the next 5 years, MK Exports also entered trading, and one of my Swiss buyers, became a partner in the company.

In the year 2004 Murli Krishna Pharma Pvt. Ltd came into existence. Today, when I sit and look back, I wonder at the risks taken by me.

My Pile of misfortunes had just begun:Technically we were going great guns, but financially I was sinking. I had used up every resource available to me. The last nail to hit the coffin was the Recession in 2009 that hit the United States of America. 

I had taken fresh loans from the Bank to redo the Plant as per the USFDA Guidelines, all this for a particular ongoing Project with a US Company. The Project had completed more than 5-6 milestones, the product compared very favorably in the three phase clinical conducted in Canada and just when we were to sign the term sheet that would release certain funds to the Company.

I go back to square one. Saddled with a huge bank debt, no great business to speak off and generally at my lowest ebb.

The salaries and perks may be high if I take a job elsewhere but I think I prefer riding the tiger. I admit the responsibilities are more and accountability100%, salaries low and stress levels high, but the surging adrenaline on reaching the finishing lines and accomplishing new heights gives me a high. So I guess I will continue the ride.

Respect and admiration have to be earned from the world through deeds and qualities within you. They cannot be forced. A decade long Journey that started from 2004 with Single Product and only an Indian FDA Approval has turned the corner. Today we have 34 molecules, PIC/s Approvals, EU Approval, Jordanian FDA approval and Pellets ranging from Macro size to Nano Particles.

The trek to reach this foothill was not easy. So what was it that kept me going through these terribly tough times?

There is a point of no return in any business. When it came, I did not turn back. Because once you start something you cannot accept failure. And that's probably what kept me going.

Today I am a successful Entrepreneur of a 7 million dollar Manufacturing Company. To the world I appear as a confident, happy human being who is enjoying all the success that the world has to give. Cars, Houses and apparent wealth.

But is that who I am? I am a woman first and then an independent woman. Success never comes easy. It requires a lot of risk taking and a very strong mental balance and a never say die attitude. This is all what made me a dynamic leader within the industry.

Today the plant has 140 fulltime employees and another 60 who work on contract basis. "  believe that I have only reached the foothills. Lofty peaks of ambition still remain to be conquered. 

UNQUOTE......

SHE WINS BEST CEO AWARD
At Taj land ends, Mumbai India...Launch of Icon for world medical tourism..awards and function, along with ABP NEWS, Wed, 23rd Nov 2016, 

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