S urender Saluja is an Indian billionaire whose wealth is derived from his family's stake in the pharmaceutical company Claris Lifesciences. He is the brother-in-law of Arjun Handa, the former promoter and leader of the company. Claris, based in Ahmedabad, was a pharmaceutical company that specialized in the production of sterile injectable medicines for use in hospitals and clinics. The family's major financial success came in 2017 when they sold the company's profitable injectable drug business to the American healthcare giant Baxter International in a deal valued at over $600 million.
Following the sale, the family retained the other parts of the business and have since focused on managing their wealth and pursuing new ventures. Saluja's billionaire status is the result of his share of the proceeds from this massive sale and his remaining stake in the family's business interests. He is not involved in the day-to-day operations of any major public company and maintains a low profile.
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