Anji Reddy says he's negotiating licenses for several more cholesterol, diabetes and cancer drug molecules discovered in his laboratory.

FORBES: Pill Factory to the World

Entrepreneurs such as Anji Reddy are ready to graduate from imitation to innovation.

FORBES: Pill Factory to the World

Now meet the face of a new Indian pharma industry: K. Anji Reddy, 58, soft-spoken founder and chairman of Hyderabad-based Dr. Reddy's Laboratories Ltd.

FORBES: Pill Factory to the World

"Since patents weren't recognized in India, the best brains went abroad, " explains Satish Reddy, the firm's Purdue-educated chief operating officer and Anji Reddy's son.

FORBES: Pill Factory to the World

Singh, pharma entrepreneur K.Anji Reddy, vaccines-maker Cyrus Poonawalla, Rahul Bajaj, patriarch of the Bajaj Group, Baba Kalyani of Bharat Forge and tech tycoons Azim Premji and Shiv Nadar.

FORBES: Bill Gates, Warren Buffett court India's richest

Prasad, Reddy's chief executive (and Anji Reddy's son-in-law).

FORBES: Pill Factory to the World

Entrepreneur Anji Reddy cites one example.

FORBES: Patients, Yes. Property Rights?