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MEMBERNEWS National business awards honour Dr Nik


The CEO of Chamber strategic partner Morningside Pharmaceuticals has been named the Entrepreneur of the Year at the 2019 Lloyds Bank National Business Awards. The flagship national awards,


held at Grosvenor House, in London, honour the UK’s most creative and innovative businesses and business leaders, who set new standards of excellence within their industries. Dr Nik Kotecha OBE was


nominated alongside some of the country’s most inspiring and visionary entrepreneurs for his work in growing Morningside Pharmaceuticals from a garage start-up in the 1990s to one of the Midlands’ leading life sciences businesses, today. Dr Kotecha said: “I am truly


honoured and humbled to receive this award, which I would like to dedicate to the hard work, dedication and commitment of our employees.


“Morningside was founded


through an entrepreneur’s dream of making quality healthcare an affordable and accessible reality throughout the world, and has grown to become one of the Top


100 companies in our county of Leicestershire, today. “Our focus has been on innovating


and developing niche generic drugs, which in turn has enabled Morningside to grow to a size, so we are in a position to support a wide range of good causes connected to sport, education, health and the community.


In the true spirit of an


entrepreneur, Dr Kotecha was also honoured for establishing his own charitable foundation, which is focused on saving lives, helping the socially disadvantaged and improving the quality of life for those in need in the UK and around the world. Dr Kotecha added: “The Randal Charitable Foundation’s focus is to support issues connected to health, disability, mental health, poverty and social disadvantage, and we’re delighted to have already been able to donate significant grant funding to a number of local, national and international good causes.” The judges were impressed with


Dr Nik Kotecha receives his award “Our commitment is to work


with communities to bring them together and to improve the quality of life of the people living there. I hope this national award helps shine a light on how successful businesses – through corporate social responsibility – can make a real difference to the communities they operate in.”


Dr Kotecha’s history of innovating to grow his business. Richard Alvin, Interim Awards


Director, said: “The leaders we meet are truly inspirational, and Dr Nik Kotecha’s work with Morningside Pharmaceuticals is a stellar example of the innovation and leadership it takes to grow an organisation from the ground up. We’re delighted to be able to celebrate this incredible story of UK and international success.”


20 business network December 2019/January 2020


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