India's Pharma Sector Mints Billionaires

Pharma is on a roll. More than a fifth of the 100 richest billionaires in India have pharma and health care riches, among them half of the eight newcomers, such as Hasmukh Chudgar, whose Intas Pharmaceuticals was recently valued by Temasek at close to $1.4 billion. Entrepreneur P. V. Ramaprasad Reddy, one of three returnees to the list, came back after four years on a threefold jump in shares of his Aurobindo Pharmaceuticals.

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