Hyderabad, June 22, 2017: Mr Rajeev Nannapaneni, Vice Chairman and CEO, Natco Pharma Limited, donated 1.5 lakh shares valued at Rs 15 crores to Hyderabad Eye Research Foundation, the research arm of L V Prasad Eye Institute, to find innovative approaches to tackle the problems of blindness and visual impairment in children that can benefit India and other developing countries.

Accepting this donation, Dr Gullapalli N Rao, Founder and Chair, L V Prasad Eye Institute (LVPEI) said, “It is exciting to see such spirit of generosity in youngsters like Rajeev and his wife, Swathi. This support will allow us to transform our efforts in children’s eye health and create a global resource centre with huge impact throughout the developing world. Millions of children will be treated by this act of generosity.”

In 2016-17, children constituted 18% of LVPEI’s patient profile across locations.

The Child Sight Institute is a children’s eye health division of LVPEI, encompassing all children’s eye health programmes that LVPEI are engaged in. This includes care at all levels from primary to advanced tertiary across four states – Telangana, Andhra Pradesh, Odisha and Karnataka. Every form of children’s eye problems can be treated at this Institute irrespective of the person’s ability to pay.

In addition, this Institute will have partnerships with multiple centres in India and the developing countries. In education and research, it will build on existing collaborations with leading institutes in the US, Europe and Asia.

About L V Prasad Eye Institute
The L V Prasad Eye Institute (LVPEI) was established in 1986-87 at Hyderabad as a not-for-profit, non-government, public-spirited, comprehensive eye care institution. LVPEI is governed by two trusts: the Hyderabad Eye Institute and the Hyderabad Eye Research Foundation. The Institute is a World Health Organization Collaborating Centre for Prevention of Blindness and a Global Resource Center for VISION 2020: The Right to Sight initiative. LVPEI has eight active arms to its area of operations - Clinical Care, Education, Research, Vision Rehabilitation, Rural and Community Eye Health, Product Development, Eye Banking and Innovation.
For more information, visit www.lvpei.org

For moredetails, please contact:

Dr Sreedevi Yadavalli|
Head – Communications and Corporate Relations
Tel: +91 98491 71895, +91 040 23547254, +91 040 30612371; Email: ysreedevi@lvpei.org