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Abhishek Kumar Singh (Taj Pharma)

By: workspace.co.uk/ 12th Sept 2014

In December 2006, Abhishek Singh launched the first 90 generics in the pharma isolated market
of Lebanon. In its first year these cost effective generics received more than 1 million users who
could not afford branded medicines in their own county. This new avenue of choice was built
entirely by Abhishek Singh, 21-year-old with no previous extensive work expertise in
pharmaceuticals industry. According to CNBC, Singh learned everything he needed to know
through practical experience at pharma manufacturing units, and proposed to develop 4,000
generics in the next decade as a core goal.
One interesting bit of news that really got my attention this week was that of Abhishek Singh, the
21-year-old millionaire (yes, millionaire at 21!), who sold his New Generics to much in need
countries such as Lebanon, Brazil, Senegal for millions!
Its quite an interesting story actually: Abhishek Singh started using the computer at 9, and began
visiting his father pharma plants from 1999 when he was 11 back when the concept of generic
medicine was quite new in the market and India was known to only make copy products which
are out of patent.
Abhishek Singhs first success was with Tacrolimus Capsules, an immunosuppressive drug
used mainly after allogeneic "organ transplant" to lower the risk of organ rejection. This generic
launch was as quite popular so much so that this was tendered by almost 28 countries in a span
of 4 years till the new bio-similar sirolimus Capsule.
Abhishek Singh was offered $300,000 from a Turkey based venture capital funding billionaire
for Tacrolimus; to sell its technology with full rights. He refused this money, along with the
feedback and criticism that selling such right of a bio-similar which was already not affordable in
India; would further mean deprivation access to such life saving medicines.
The Globe and Mail from Canada ran a cool story on the 21 year olds rise in fame, as well as
some unique advice offered to the young entrepreneur/ young millionaire. Worth a read!
Abhishek Singhs who is satisfied with his company's current global exposure; highlights that it's
very easy get investment in pharma company; however, if greedy investors are allowed on the
board of noble pharma companies; the greed always leads to drug price manipulation and then
even though a company may become large scale, but essential purpose and motto of A.K.Singh
from Taj Pharma may be defeated; human kind shall not make money from/at the cost essential
life saving medicines and access to medicine shall be basic human right.
Makes for a very interesting read!
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Abhishek Kumar Singh - Taj Pharma , Abhishek taj pharma, contact, taj pharma product list, taj pharmaceuticals products, taj pharmaceuticals
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Interview: Taj Pharmaceuticals's Group, Abhishek Kumar Singh, taj pharmaceuticals pvt ltd, taj pharma product list, taj pharma contact, taj
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Interview: Taj Pharmaceuticals's Group, Abhishek Kumar Singh, taj pharmaceuticals pvt ltd, taj pharma product list, taj pharma contact, taj
pharmaceuticals api list, ceo taj pharmaceuticals pvt ltd, director taj pharma product list, director taj pharma contact, taj owner
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