NEW DELHI, May 17, 2019 /PRNewswire/ — With the theme of ‘Promoting Inclusive Economic Development Through Sustainable Entrepreneurship’,15 top entrepreneurs and enterprises were recognized at the Asia Pacific Entrepreneurship Awards (APEA) 2019 held at Hotel Andaz Delhi Aerocity, India on 18 April 2019. Organized by Enterprise Asia, the leading non-governmental organization for entrepreneurship in Asia, APEA is a regional awards program which aims to recognize Asia’s outstanding entrepreneurs and enterprises for demonstrating sustainable growth, responsible leadership and operational excellence.
Mr. Ashish Khemka, Chairman and Managing Director of AMN Life Science receiving the Asia Pacific Entrepreneurship Awards 2019 India under the Outstanding Category
Leading the list of winners was Mr. Ashish Khemka, Chairman and Managing Director of AMN Life Science Pvt. Ltd. (AMN Life) who received the award under the Outstanding Category.
Incorporated in 2003, AMN Life is a leading Pharmaceutical manufacturing and export house offering a plethora of brands covering a wide range of therapies from both acute and chronic segments. These formulations cater to the therapeutic needs for allergic disorder, bacterial and fungal infections, malaria, erectile dysfunction, Diabetes and Cardio-vascular diseases to name a few. Amihepa, Renoket, Avam, S-Valapro, Suncetin, Asita and Amcort are few of the AMN Life brands that command a leadership position in the covered markets.
Prior to venturing into the pharmaceutical industry, Mr. Ashish joined Trans Freight Container Corporation Ltd. a 100% export oriented Marine Freight container manufacturing unit as a management trainee. With sheer dent of merit and enterprise, he gained expertise in the field and simultaneously acquired managerial and leadership skills, and rapidly rose to the level of COO within a year.
Throughout his professional and entrepreneurial career, Mr. Ashish managed to acquire a fine grasp of the pharmaceutical market and established credibility and reliability in his dealings. This has contributed to the success of AMN Life. Passionate about AMN Life, he ensures that all departments within the company upholds professional standards. His leadership quality holds great promise and his employees are extremely supportive of his vision for the Company.
Being a results-oriented entrepreneur, Mr. Ashish is driven to manage costs and establish strategic mutually beneficial partnerships and relationships with users, vendors and service providers. He is also adept in creating strategic alliances with industry leaders to effectively align with and support AMN Life’s key business initiatives. Besides, he excels at building and retaining high performance teams by hiring, developing and motivating skilled professionals.
Under the leadership of Mr. Ashish, the exports of AMN Life showed a year-on-year growth of more than 100% in financial year 2007 and bagged the Indian Exporters’ Excellence Award. Continuing its growth trajectory over the years, the Company bagged SME business excellence Awards and leading SMEs of India 2016 in the Pharmaceuticals sector.
Presented in 25 countries, AMN Life’s success holds a dominant position in south East Asian markets, and is poised to grow its presence to almost 150 countries across the globe.
Mr. Ashish’s innovative entrepreneurial skill resulted in the acquisitions of ASA LIFE, Singapore in year 2018 and many more acquisitions are planned along with setting up offices worldwide. In the immediate future, AMN Life is poised to grow to achieve a dominating presence in the European union with provision for In-licencing and out – licencing opportunities. Today the Group boasts of more than 10 Companies India and Overseas and registered the sales turnover of more than Rs. 250 Crore across the group companies.
The Entrepreneur strives to drive operational excellence in every department within his business. It is not an easy concept to quantify, and very difficult to explain in simple practical terms to operators of different departments, however, he managed to overcome these challenges.
Besides, Mr. Ashish always guides the team to justify and use cost-efficient technologies, to bring out top quality products that are economical and reliable. His innovation strategy involves streamlining an increasingly complex manufacturing system. This type of next-generation innovation wades through the growing sea of new ideas and emerges with the strategies that deliver a clear and focused value in the form of targeted Acquisitions and partnerships, personalized treatments, efficient outsourcing partners and properly integrated innovative technologies, but perhaps this statement has wider implications for today’s pharmaceutical industry.
Mr. Ashish believes that, the practice of cranking out rapid-fire innovation in the form of new molecules with the hopes of finding the next blockbuster is being replaced by targeted innovation strategies that demonstrate actual patient value and reach that can be duplicated across an enterprise.
Under his leadership, AMN Life is currently eying the EU certification along with highly professional team of 200 plus professionals and available to consider new alliance opportunities in the uncontested zones of in In-licensing, co-promotion, revenue sharing and carved partnership opportunities.
Mr. Ashish has also undertaken challenging green initiatives, which is reflected throughout AMN Life’s Supply Chain. The issue of Pharmaceuticals in the Environment has garnered plenty of media attention, mostly negative in the past several years. Most of the concern with drugs in the environment revolves around consumers who either excrete un-metabolized active ingredients or dispose of unused medications into sewage systems. Under his leadership, AMN Life is able to ensure complete deactivation of waste residues by using alkaline solution before it is being sent to centralized insemination.
About Enterprise Asia
Enterprise Asia is a non-governmental organization in pursuit of creating an Asia that is rich in entrepreneurship as an engine towards sustainable and progressive economic and social development within a world of economic equality. Its two pillars of existence are investment in people and responsible entrepreneurship. Enterprise Asia works with governments, NGOs and other organizations to promote competitiveness and entrepreneurial development, in uplifting the economic status of people across Asia and in ensuring a legacy of hope, innovation and courage for the future generation. For further information, visit www.enterpriseasia.org.
About Asia Pacific Entrepreneurship Awards
Launched in 2007, the Asia Pacific Entrepreneurship Awards is the region’s most prestigious awards for outstanding entrepreneurship, continuous innovation and sustainable leadership. The Awards provide a platform for companies and governments to recognize entrepreneurial excellence, hence spurring greater innovation, fair business practices and growth in entrepreneurship. As a regional award, it groups together leading entrepreneurs as a powerful voice for entrepreneurship and serves as a by-invitation only networking powerhouse. The program has grown to encompass 14 countries and markets all over Asia. For further information, visit www.apea.asia.