Biography of Amit Backliwal: Founder & CEO at Pharmarack & iCanHeal

 Biography of Amit Backliwal: Founder & CEO at Pharmarack &  iCanHeal- Revolution in Healthcare Sector

The Story of Amit Backliwal

Early Foundations in Pharmacy

Amit Backliwal’s professional journey began with a solid educational foundation in pharmacy. He completed his Bachelor of Pharmacy degree from the University of South Australia, equipping him with a comprehensive understanding of the pharmaceutical field. This academic background provided him with critical insights into the science of medications and their applications, setting a strong base for his future career in healthcare. His studies at the University of South Australia were pivotal, laying the groundwork for his entry into the industry and shaping his approach to pharmaceutical practices.

Venturing into Business

Building on his pharmaceutical knowledge, Backliwal pursued an MBA with a focus on Finance and Marketing from the University of Adelaide. This decision marked a significant shift, combining his scientific background with advanced business skills. The MBA program offered him new perspectives on market dynamics, financial management, and strategic planning. This blend of pharmacy and business acumen became a powerful combination, positioning him to tackle complex challenges in the healthcare sector with both technical knowledge and strategic insight.

Early Career and Entrepreneurial Spirit

Backliwal’s early career saw him working with prominent pharmaceutical companies like Sigma and Merck, where he took on roles in sales and marketing. During this time, he gained hands-on experience in the pharmaceutical market, learning about customer needs, market strategies, and sales dynamics. His work involved understanding market trends and developing strategies to meet customer demands, which honed his skills in business development and market analysis. This foundational experience was crucial in preparing him for larger leadership roles in the industry.

Leadership in the Pharmaceutical Sector

In the early 2000s, Backliwal assumed a leadership role as Country Head for Battaerd Mansley Pvt Ltd in India. This position was a significant challenge, as he was tasked with building the company from the ground up. He successfully grew the company to a substantial size, developing a team and establishing a strong market presence within three years. His innovative approach and ability to build lasting relationships with industry leaders were key factors in his success. Under his leadership, the company became a notable player in the Indian pharmaceutical market, transforming industry practices and setting new benchmarks for growth.

Expansion into Regional Markets

Following his achievements in India, Backliwal took on a new challenge as General Manager for Thailand with IMS Health. This role required him to navigate the complex and evolving pharmaceutical market in the ASEAN region. His focus was on organizational development, adapting IMS Health’s offerings to meet local client needs, and positioning the company as a preferred partner. His work in Thailand demonstrated his adaptability and strategic vision, showcasing his ability to manage operations in diverse and dynamic markets.

Building a Consulting Empire

Backliwal’s next major role was with IMS Health, where he was responsible for building the consulting business for the Asia-Pacific region. Starting from scratch, he developed a substantial consulting practice that became a significant player in the industry. He focused on high-end consulting solutions, client engagement, and building strong relationships with pharmaceutical companies. His efforts led to substantial growth and recognition, with the consulting division becoming a major revenue driver for IMS Health. His success in this role highlighted his ability to create and scale innovative business solutions in the healthcare sector.

Biography of Amit Backliwal: Founder & CEO at Pharmarack &  iCanHeal/ Entrepreneur/Health Sector/Age/Net worth/DigiHealth/digital health solution

Driving Innovation at IMS Health

As Managing Director for South Asia at IMS Health, Backliwal’s role involved overseeing business operations across multiple healthcare verticals. He was responsible for managing P&L, driving growth initiatives, and leading the company through significant transformational changes. His leadership was marked by a focus on executing strategies that aligned with aggressive growth objectives and building an organization capable of meeting these goals. His work in this position demonstrated his strategic foresight and ability to lead complex business transformations in the healthcare industry.

Strategic Insights with IQVIA

Backliwal’s career continued to evolve as he joined IQVIA as Vice President for Consulting Services and Technology Solutions in the Asia-Pacific region. In this role, he managed P&L, grew revenue, and established strong alliances with technology and AI companies. He led initiatives in CRM, digital solutions, and connected health, contributing to IQVIA’s expansion and technological advancements. His leadership in this position underscored his expertise in integrating technology with healthcare solutions and driving innovation in the industry.

Contributing to Big Data Analytics

In his role with CW Data Technologies, Backliwal focused on leveraging big data analytics and AI to enhance healthcare outcomes. His work involved analyzing large datasets to gain insights into healthcare trends and inform decision-making. This role highlighted his commitment to using advanced technology to improve healthcare systems and processes. His efforts in big data and analytics were instrumental in advancing the use of technology in healthcare, contributing to more informed and effective solutions.

Founding Pharmarack

In 2018, Backliwal took a major step by founding Pharmarack Technologies. The company aimed to address inefficiencies in the pharmaceutical market in India by offering a comprehensive technology platform. Pharmarack became the largest integrated healthcare platform in India, providing solutions that included technology, supply chain management, and fintech services. Under Backliwal’s leadership, Pharmarack transformed the pharmaceutical supply chain by improving connectivity and optimizing inventory management. The company’s innovative approach set new standards for efficiency and integration in the industry.

Acquisition and Growth

Pharmarack’s success led to its acquisition by DigiHealth in 2021. This acquisition marked a significant milestone for the company, reflecting its impact on the pharmaceutical industry. The integration with DigiHealth aimed to further enhance the pharmaceutical supply chain and support national digital health initiatives. The acquisition underscored Pharmarack’s success and its role in advancing digital health solutions in India.

Venturing into New Horizons

In 2024, Backliwal co-founded iCanHeal, a new venture focused on creating an ecosystem for patients and caregivers. iCanHeal aims to provide innovative financing solutions and value-added services to improve access to treatments. This new venture reflects Backliwal’s continued commitment to addressing challenges in patient access and affordability, building on his extensive experience in the healthcare sector.

Expanding with Rx Consultants

Alongside iCanHeal, Backliwal also launched Rx Consultants, a subsidiary of iCanHeal. Rx Consultants focuses on providing specialized consulting services in the healthcare sector, leveraging the expertise and experience gained from Pharmarack. This new venture aims to offer valuable insights and solutions to healthcare providers and organizations, further expanding Backliwal’s influence in the industry.

A Visionary Leader

Throughout his career, Amit Backliwal has demonstrated a visionary approach to healthcare and technology. His work across various roles and companies reflects his deep commitment to innovation and solving complex challenges in the pharmaceutical and healthcare sectors. From his early days in pharmacy to leading cutting-edge ventures, Backliwal’s journey is a testament to his leadership, strategic insight, and dedication to improving healthcare outcomes.

Timeline for Amit Backliwal's Journey

Early 1990s: Completed Bachelor of Pharmacy from the University of South Australia.

Mid-1990s: Earned an MBA in Finance and Marketing from the University of Adelaide.

1990s-2000s: Worked with Sigma and Merck in sales and marketing roles.

Early 2000s: Became Country Head for Battaerd Mansley Pvt Ltd in India, growing the company significantly.

2000s: Took on the role of General Manager for IMS Health in Thailand.

2010s: Built and led the consulting practice for IMS Health’s Asia-Pacific region.

2015: Appointed Managing Director for South Asia at IMS Health, overseeing multiple healthcare verticals.

2017: Joined IQVIA as Vice President for Consulting Services and Technology Solutions in Asia-Pacific.

2018: Founded Pharmarack Technologies, the largest integrated healthcare platform in India.

2021: Pharmarack was acquired by DigiHealth, enhancing pharmaceutical supply chain and digital health solutions.

2024: Co-founded iCanHeal, focusing on innovative financing solutions and services for patients and caregivers.

2024: Launched Rx Consultants as a subsidiary of iCanHeal, providing specialized consulting services in healthcare.

 Biography of Amit Backliwal: Founder & CEO at Pharmarack &  iCanHeal/ Entrepreneur/Health Sector/Age/Net worth/DigiHealth/digital health solution