Akums Drugs Appoints Amrut Medhekar As CEO Of CDMO Business

Akums Drugs & Pharmaceuticals, a leading contract development and manufacturing organisation (CDMO), has appointed Amrut Medhekar as the Chief Executive Officer of its CDMO business, effective August 24, 2024.

In a press statement on Friday, the company informed that  Medhekar will report directly to Mr. Sanjeev Jain and Mr. Sandeep Jain, the Joint Managing Directors of Akums.

With over 27 years of extensive experience in the pharmaceutical industry, Medhekar brings a wealth of expertise in corporate strategy, business leadership, key account management, portfolio strategy, and supply management. Before joining Akums, he served as the President of India Business at Wockhardt, where he spearheaded significant growth initiatives. His illustrious career also includes key roles at the Zydus Group, Novartis, JK Tyre and Industries, Life Medicare Biotech, Torrent Pharmaceuticals, and Ranbaxy.

Sandeep Jain and Sanjeev Jain, Managing Directors of Akums Drugs & Pharmaceuticals , expressed their enthusiasm about Medhekar's appointment: "We are delighted to welcome Amrut Medhekar to our leadership team. With his extensive experience and proven track record, we are confident Akums will reach new heights and set industry benchmarks under his leadership."

Amrut Medhekar shared his excitement about the new role, stating, "I am honored to join Akums Drugs, a company renowned for its innovation and manufacturing prowess in the pharmaceutical sector. I look forward to working closely with the talented team at Akums to drive growth, enhance operational efficiencies, and deliver exceptional value to our clients."

Medhekar's academic credentials are equally impressive, with an Executive MBA from IIM Ahmedabad, an Executive Program in Finance from XLRI, and a Management Development Program (MDP) from MDI Gurgaon. He also holds a Bachelor's degree in Science from Jiwaji University, Gwalior. Additionally, Medhekar has served as a Jury Member for the HULT Prize USD 1M Challenge at IIM Ahmedabad and has been an honorary speaker at prestigious management institutes such as FMS, Symbiosis, AIMA, and UpGrad.

Amrut Medhekar’s leadership and innovative approach are expected to propel Akums’ CDMO business to new heights, reinforcing its position as a leader in the pharmaceutical industry, the press statement added.