Entrepreneur Of The Year India 2013
Entrepreneur Of The Year – Life Sciences and Healthcare
Chairman, Managing Director & CEO, Eris Lifesciences Pvt. Ltd.
Prescription of change
Amit Bakshi, a new age entrepreneur, is the Founder and Managing Director of Eris Lifesciences. Born out of a long standing desire to change the industry for better, the story of Eris Lifesciences is interesting and incredible at the same-time. Amit left his job at an established Ahmedabad based pharmaceuticals firm with a belief in the potential of the industry and a strong conviction the next phase of growth for the industry will come from increased medical awareness. He started Eris Lifesciences in 2007.
With an invaluable experience of over two decades with several pharma companies including Eli Lily, Cadila and Intas, Amit had the insights and knowledge to make it big in the burgeoning Lifesciences and Healthcare industry. He identified gaps in speciality pharma in select therapy areas, such as cardiology, endocrinology, gastroenterology, ENT, pediatrics, orthopedics, gynaecology and decided to create products that would help create new market segments.
With a strong emphasis on brand creation and promotion, he has created a super speciality focused company.
Amit’s inspiring leadership, focus on aggressive growth along with brisk and flawless execution has been instrumental in the rapid expansion of the company’s business. Eris has grown at CAGR of 145% since inception and is among the top 30 companies of Indian branded formulations market. It now has market leading position in several niche therapy areas and a portfolio of 192 registered products.
Despite being a young firm, Eris has already received many accolades including the ‘Competitive Strategy Leadership Award’ in the pharmaceutical industry by Frost & Sullivan and, the ‘Emerging Companies Excellence’ award from Business Today and Yes Bank in ‘Scalability of Business Model’ and ‘Managing Operational Efficiencies’ in 2013. Amit now aspires to establish Eris among the top 3 companies in its operating therapy areas.
Amit is on a mission to change the way healthcare is delivered and is working towards building the company’s capabilities to cater to the entire spectrum of healthcare services starting from diagnosis, treatment and care to overall well-being.