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2021 Indiaspora Government Leaders List recognizes more than 200 public officials of Indian heritage in senior government positions across the globe

SAN FRANCISCO and WASHINGTON, Feb. 15, 2021 (GLOBE NEWSWIRE) — Indiaspora, a nonprofit community of global Indian diaspora leaders from various backgrounds and professions, released today their list recognizing public officials of the Indian diaspora who are leaders in their countries' governments.

Drawing from government websites and other publicly available resources, the 2021 Indiaspora Government Leaders List recognizes more than 200 leaders of Indian heritage who have ascended to the highest echelons of public service in 15 countries across the globe, with more than 60 of these leaders holding Cabinet positions.

"It is a huge source of pride to have the first woman and first person of color as the Vice President of the world's oldest democracy be someone of Indian heritage. We wanted to use this seminal moment on Presidents' Day to highlight a host of others in the diaspora who also are in public service," said Indiaspora Founder MR Rangaswami, a Silicon Valley–based entrepreneur and investor. "These leaders are building a legacy for future generations, and one that extends beyond our community to all of the constituents and communities that they serve."

The List also includes diplomats, legislators, heads of central banks and senior civil servants from countries with significant histories of diaspora migration, such as Australia, Canada, Singapore, South Africa, United Arab Emirates, United Kingdom, and the United States.

"It is an honor to be included on the 2021 Indiaspora Government Leaders List. As the longest–serving Indian–American Member of Congress, I am proud to be a leader in the Indian American community, which has become an integral part of American life and society," said Congressman Ami Bera, Chairman of the U.S. House Foreign Affairs Subcommittee on Asia.

With more than 32 million people of Indian origin or (PIOs) globally, according to India's Ministry of External Affairs, Indians are the largest diaspora population in the world.

The officials on the 2021 Indiaspora Government Leaders List collectively represent more than 587 million constituents, and their countries account for an estimated USD $28 trillion in GDP, demonstrating the impact that these leaders are having globally.

"It truly is inspiring to note the remarkable contribution that government leaders of Indian heritage have made to advance the societies that they now represent," said Rosy Akbar, Fiji's Minister of Education, Heritage, and Arts. "For a sizable segment of the population, it is government policy addressing social injustices that lead to a transformative path of sustainable socio–economic progress."

The List includes immigrants from India, as well as professionals born in countries such as Singapore, South Africa, England, Canada and the U.S.

"As a proud Indo–Canadian, it is an honour to be included in the 2021 Indiaspora Government Leaders List alongside an accomplished and diverse group of leaders from the India diaspora," said Senator Ratna Omidvar. "I am eternally proud of my Indian heritage but also being Canadian. Canada has given me its protection and its opportunities, and in return, I am committed to making it a better place so that it continues to be a land of protection and opportunity for future Canadians."

While some of the officials are part of their country's first wave of immigration, arriving as refugees or for economic opportunities, others serving in their governments are part of subsequent waves of diaspora, who came for educational opportunities, or are of subsequent generations.

“It is inspiring to see the number of Indian diaspora who are entering the public arena,” said Indiaspora Board Member Arun Kumar, Chairman and CEO at KPMG India, who served as Assistant Secretary of Commerce in the Obama administration. “Having had the opportunity to serve, I can speak to what a memorable and fulfilling experience it was. Above all, it was a meaningful way to give back. My hope is that this cohort of leaders will set an example for even more of the Indian diaspora to aspire to public service."

For additional resources, including information and news about the honorees, and additional quotes from officials, please visit the 2021 Indiaspora Government Leaders List website.

More on the Indiaspora Lists

The Indiaspora Lists highlight the advances of the Indian diaspora and raise their profile in the global consciousness in areas such as government, business, academia, and philanthropy.

The second of the Indiaspora Lists, the inaugural Indiaspora Business Leaders List, released in July 2020, featured the Indian diaspora who are leading the largest global companies""CEOs, Presidents, or Chairpersons of the Board of Directors.

Indiaspora (www.indiaspora.org) is a nonprofit community of powerful global Indian leaders from diverse backgrounds and professions who are committed to inspiring the diaspora to be a force for positive impact by providing a platform to collaborate, engage, and catalyze social change.

Media contact:

Mansi Patel

Director of Communications, Indiaspora

mansi@indiaspora.org

cell: 772–486–0351

A video accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/731d4d25–879e–4dc5–a50c–e80ae43f357d


GLOBENEWSWIRE (Distribution ID 8153024)

Centrient Pharmaceuticals to acquire Astral SteriTech, expanding its product portfolio with sterile injectable antibiotic finished dosage forms

Rotterdam, the Netherlands, February 15th, 2021, Feb. 15, 2021 (GLOBE NEWSWIRE) —

  • Further strengthens Centrient Pharmaceuticals' position as the global business–to–business industry leader in beta–lactam antibiotics
  • Broadens Centrient Pharmaceuticals' product portfolio with sterile injectable Semi–Synthetic Cephalosporin and Semi–Synthetic Penicillin finished dosage forms, able to further meet the needs of customers in these segments and become a preferred partner for customers
  • Brings in–house manufacturing capabilities for high–quality sterile antibiotic powder injectable finished dosage forms with two US FDA–approved production lines

Centrient Pharmaceuticals ("Centrient"), the business–to–business leader in sustainable, enzymatic antibiotics, next–generation statins and anti–fungals, today announced the signing of an agreement for the acquisition of Astral SteriTech Private Limited ("Astral SteriTech"), a leading international manufacturer specialised in sterile antibiotic injectable finished dosage forms. With the acquisition of Astral SteriTech, Centrient strengthens its position as the global business–to–business industry leader in beta–lactam antibiotics.

The acquisition of Astral SteriTech is an important step on Centrient's journey to become the leading, diversied and fully integrated partner to generics marketers.

The products offered by Astral SteriTech are sterile injectable finished dosage forms for Semi–Synthetic Cephalosporins and Semi–Synthetic Penicillins. Being close to Centrient's core products of beta–lactam antibiotics, the acquired product portfolio provides Centrient a diversification opportunity within the attractive growing niche segment of sterile injectable antibiotics.

With the broadened product portfolio, Centrient can further meet the needs of its customers in Semi–Synthetic Cephalosporin and Semi–Synthetic Penicillin finished dosage forms and become the preferred partner in these segments.

Astral SteriTech has a US FDA–approved manufacturing site with two manufacturing lines and serves customers in highly regulated markets like the United States and other regions such as South Asia.

The transaction is subject to customary regulatory approvals and closing conditions.

Rex Clements, CEO at Centrient said: "The acquisition of Astral SteriTech is a significant step forward on the journey we at Centrient have undertaken to become the preferred commercial partner to our customers in Semi–Synthetic Cephalosporin and Semi–Synthetic Penicillin antibiotics.

By broadening of our product portfolio and adding advanced manufacturing capabilities, we will strengthen the delivery of our value proposition of Quality, Reliability and Sustainability.

These finished dosage forms are critical medicines in healthcare but face increasing risks of supply shortage. At Centrient, we are committed to ensuring a sustainable supply of these products in healthcare, in line with our purpose to improve lives by being at the centre of sustainable and accessible healthcare."

Dr. Dushyant Patel, Chairman and Managing Director at Astral SteriTech said: "We are proud that with Astral SteriTech's core competencies and proven strong track record in sterile injectable Semi–Synthetic Cephalosporin and Semi–Synthetic Penicillin finished dosage forms, we can contribute to synergize and consolidate Centrient's antibiotics product portfolio, to support their geographical expansion agenda.

Centrient's vision and strategies for global success blended with Astral SteriTech's strong fundamentals in the niche area will not only enhance quality of service to existing clients but will help expand the business horizon."

For the transaction, Barclays acted as the exclusive financial advisor, and Sidley Austin LLP and Trilegal as legal advisors to Centrient Pharmaceuticals. J.P. Morgan acted as the exclusive financial advisor and Shardul Amarchand Mangaldas & Co as legal advisor to Astral SteriTech.

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About Astral SteriTech Private Limited

Astral SteriTech is a leading international contract manufacturer specialized in sterile antibiotic powder injectable finished dosage forms.

Established as Astral Pharmaceutical Industries in 1991 by Dr. Dushyant Patel, current Chairman and Managing Director, and renamed into Astral SteriTech Private Limited in 2012, the company carved its niche as a preferred Contract and Development Manufacturing Organisation in the industry segment of sterile antibiotic injectable formulations. The company has a US FDA–approved manufacturing site with two dedicated manufacturing lines, located in Vadodara, Gujarat, India, and serves customers in high regulated markets like the United States and other regions such as South Asia.

The company's core competencies include advanced aseptic fill and finish technologies and processes, the highest quality standards supported by its robust Quality System, regulatory services along all product development stages, and extensive product development knowledge.

For more information on Astral SteriTech please visit www.astralsteritech.com.

About Centrient Pharmaceuticals

Centrient Pharmaceuticals is the global leader in the production and commercialisation of sustainable antibiotics, next–generation statins and anti–fungals. We produce and sell intermediates, active pharmaceutical ingredients and finished dosage forms.

We stand proudly at the centre of modern healthcare, as a maker of essential and life–saving medicines. With our commitment to Quality, Reliability and Sustainability at the heart of everything we do, our over 2200 employees work continuously to meet our customers' needs. We work towards a sustainable future by actively participating in the fight against antimicrobial resistance.

Founded 150 years ago as the "Nederlandsche Gist– en Spiritusfabriek', our company was known as Gist Brocades and more recently DSM Sinochem Pharmaceuticals. Headquartered in Rotterdam (Netherlands), we have production facilities and sales offices in China, India, the Netherlands, Spain, Egypt, the United States and Mexico. Centrient Pharmaceuticals is wholly owned by Bain Capital Private Equity, a leading global private investment firm.

For more information please visit www.centrient.com or contact Centrient Pharmaceuticals Corporate Communications, Alice Beijersbergen, Director Branding & Communications. E–Mail: alice.beijersbergen@centrient.com.

Forward–looking statements

This press release may contain forward–looking statements with respect to Centrient Pharmaceuticals' future financial

performance and position. Such statements are based on current expectations, estimates and projections of Centrient and information currently available to the company. Centrient cautions readers that such statements involve certain risks and uncertainties that are difficult to predict and therefore it should be understood that many factors can cause actual performance and position to differ materially from these statements. Centrient has no obligation to update the statements contained in this press release, unless required by law. The English language version of the press release is governing.


GLOBENEWSWIRE (Distribution ID 8152934)