Satyanarayana Chava, founder and CEO of Laurus Labs, saw his personal net worth cross $1.1 billion after shares of his company jumped this week.
As for his strategy of starting off with research,“it always has to begin with R&D,” explains Chava, who still spends 25% of his time in labs. “I am a scientist at heart. I am passionate about chemistry.” He is listed as an inventor, along with others, in 145 patents granted to the company.
Chava is also actively involved with the introduction of new products. “I work on what product we should we go after because that will ultimately decide how well we are doing,” says Chava, who has brought more than 50 products to market in the last 15 years. Chava grew up in the village of Munnaluru on the banks of the river Krishna in the southern Indian state of Andhra Pradesh. . He walked six miles every day to attend school in the neighboring village. Chava discovered his passion for chemistry in college, which led him to a Ph.D. in bioactive marine natural products and his initial career as a university lecturer.
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