Dr. Ratnakar Palakodeti, a PhD in Management Sciences (JNTU Hyderabad) with Doctoral thesis on Strategies for Pharmaceutical industry is currently serving as President- Healthcare, Medtech & Lifesciences at Innominds. He is also the Co-founder and Director of SCIINV Biosciences Pvt Ltd a startup to innovate novel diagnostics and therapeutics for bacterial infections and containment of Anti-Microbial Resistance.
He is a Seasoned professional with about 3 decades of experience in strategic leadership in Healthcare & Life Sciences. He was a member of the Vertical leadership as a Global Practice Head- Life Sciences in Tech Mahindra. He led the team to develop multimillion dollar, award winning digital solutions using cutting edge technology platforms including AI/Gen AI.
Prior to this Dr. Ratnakar was the Director Strategy for Global Generics (India) business at Dr. Reddys Laboratories. Was the key member in rolling out Strategic business plans for various verticals apart from entry strategies to new businesses & evaluating new business opportunities. Instrumental in building the product portfolio including differentiated products.
As a Steering Committee member of Biotechnology Research Assistance Council (BIRAC), he evaluates and guides startups with a focus on taking basic research to the next stage of the innovation value chain and also is serving as Advisory Committee member of Biotechnology Ignition Grant (BIG), BIRAC – Dept. of Biotechnology, Govt of India. Works on promoting & accelerating the pace of development and large-scale use of biotechnology in the country as a Sectorial Expert Committee Member, Department of Biotechnology, Govt of India. As an Advisory Committee member, nurtures innovation and entrepreneurship in scaling technologies for Life Sciences incubators at BioNEST at the University of Hyderabad (UoH).
Dr. Ratnakar is also serving on the Board of Governors for JNTU Hyderabad and fosters the Industry academia collaboration.