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“I was born in a rural village in India, poor and legally blind, faced with a future clouded with uncertainty and with no opportunity to exist,” Sam Maddula, Founder & CEO of Bank’s Apothecary Specialty Pharmacy, a distinguished leader, visionary entrepreneur, and dedicated philanthropist, says. His life turned from darkness to light as his parents stumbled upon an Eye Camp that the Eye Foundation of America (EFA) had set up in 1987 in rural Andhra Pradesh.
“It is this organization (EFA) that rescued me from a life of darkness. The Eye Foundation of America helped me get a visa to the United States. The esteemed Dr. VK Raju himself, performed dual corneal transplant surgery on me two weeks after my second birthday in the United States. He did it, working with the Eye Foundation for free. He cured me just like that, with the magic of his hands. I could see my life went from literal darkness to pure sunlight,” Maddula says with a sense of immense gratitude and appreciation.
Sam shared his life story with the audience during a Fund Raiser organized by The Eye Foundation of America in New Delhi on January 31, 2025. Sam, is now on a mission to rekindle the lives of those who are less fortunate, giving hope to those who are denied their basic human rights.
His story is one of purpose. impact, and a relentless commitment to building a brighter future for all. He was born in a rural Indian village with severe visual impairment. Today, Sam Maddula is on a mission to create a transformative impact on healthcare and society.
Sam endured significant challenges, economic hardship, social stigma and limited opportunities, yet these adversities, only fueled his determination. Armed with an unyielding work ethic, he earned his doctorate in pharmaceutical studies from the Rutgers University, Ernest Mario School of Pharmacy in 2009 setting the stage for a transformative career in healthcare. He set out to make a difference in the pharmaceuticals industry. He founded a specialty pharmacy in Philadelphia in 2010 focusing on mental and substance disorders. “As the founder of Bank’s Apothecary Specialty Pharmacy, I scaled operations from a startup, with zero revenue to $350 million in annual revenue, securing its position as the largest independently held behavioral health specialty pharmacy with a presence across 16 states and 60 employees at its peak.
Recalling his childhood while in India, after he and his family were forced to leave the United States, Sam says, “We left the US half a decade ago. I went to school in a shack without a roof on my head in 35 degrees Celsius weather, sweat pouring down my face. This became my new life at eight years of age. A year later, we were allowed back to the United States,” with Sam starting a new phase in his life.
“I had no idea what was going on in my life, but I knew that if I could go from blindness to life, I could do anything I wanted to,” says Sam. “I worked my way back up in school and did the best that I could. I applied to pharmacy school because that’s all I knew, and I figured I’d give it a try, because I could not give up. I struggled a lot in pharmacy school. All of the students seemed smarter than me. I had to sit in front of class because I couldn’t see from the back, but I could not give up.”
After Sam graduated, he got an opportunity to work in a rundown pharmacy in the middle of a high crime neighborhood in Philadelphia. With determination and commitment, “I slowly built the pharmacy work with the patient, grew the business and worked in the same type of community that struggled with all the same issues that I was born into poverty, lack of medical access, lack of good education, lack of resources and direction.”
In 2010, his specialty pharmacy specialized in medication for the mentally ill and folks with substance use disorder. Sam says, “I wanted to help people at the bottom of the ladder, the folks that society neglects. You can make money and do good for society. By 2015 my company went from serving the metro area to the entire northeastern United States. By 2020 my company became the largest specialty pharmacy specializing in these diseases in the entire United States. In 2022 we had an annual revenue about a third of a billion dollars.” In 2023, Sam sold the company, because, he believes that I can make money and give back to society. It’s not about what I have. It’s about what others do not have.”
A dynamic healthcare executive, entrepreneur, and consultant with over 15 years of experience driving transformative growth and innovation in the healthcare and specialty pharmacy sectors, Sam brings an unparalleled blend of expertise across business, medicine, and philanthropy. Sam’s diverse ventures today aim to improve lives; from advancing healthcare innovation to championing for-profit and non-profit initiatives that drive societal change.
A sought-after speaker, Sam inspires audiences nationwide with his insights on healthcare, philanthropy, and leadership. Sam, with two decades of knowledge as a pharmacist, clinician, CEO and founder, is now looking to make a significant impact in the finance and pharma worlds by helping other founders and companies in the medical space, along with partnerships.
A passionate advocate for giving back, Sam has made significant contributions to organizations like the Eye Foundation of America and he continues to mentor aspiring pharmacists, fostering the next generation of leaders. He serves on the boards of numerous non-profits and civic organizations, leveraging his resources to advocate for a more equitable world
In 2023, he founded Workshop Strategy with the objective of delivering high-level strategic guidance to healthcare organizations, focusing on growth acceleration, operational optimization, and patient-centered innovation. He provides insightful advice to private equity firms, Fortune 500 companies, and healthcare ventures, including Morgan Stanley, on maximizing investment value, identifying growth opportunities, and enhancing portfolio performance. He conducts in-depth evaluations of M&A deal flow, identifying high-value opportunities that align with clients’ long-term growth strategies, and guides healthcare ventures through complex regulatory landscapes, ensuring sustainable revenue growth and operational excellence.
In 2017, he was married and in 2022 and 2024 the couple were blessed with 2 beautiful daughters. With the goal of giving back to society, Sam founded the Maddula Foundation, contributing millions of dollars to healthcare and education initiatives, with a focus on supporting underserved communities. “In addition to my professional achievements, I am deeply committed to philanthropy and mentorship, founding the Maddula Foundation to support underserved communities and advocating for mental health awareness and healthcare equity. I collaborate with academic institutions and healthcare organizations to shape the future of industry.”
He currently is an Executive Advisory Council Board Member, University of Washington School of Pharmacy; Member, Board of Directors, Liguori Academy; and, Member, Board of Directors, Eye Foundation of America.
His future vision is to aspire to serve on the board of a leading healthcare organization or assume a strategic leadership role to drive transformative change in the industry and continue driving advancements in the pharmacy and healthcare sectors through thought leadership, strategic consulting, and mentorship of future leaders. Currently, Sam says, “I aim to make a significant impact in the finance and private equity sectors by contributing to the operations of a new venture within the medical space. Driven by resilience and a passion for innovation, I continue to build on a legacy of leadership, advocacy, and community impact.”
Sam says, “If I can receive the gift of sight and become successful, anyone can. I had one thing, the fortune to be saved by the Eye Foundation of America. Let’s spread that fortune so another million babies can be saved then crawl, then walk and then talk and then stand and then tell us their story, because we decided to make a difference tonight, let’s save the world from childhood blindness.”
Sam believes that “It is our duty to do more as we give as we get more. I am a living example of what we can be, of what can be achieved when we collectively decide to make a difference in the world. I am not a statistic. I am a human being that is here because people like you 40 years ago decided to make a difference. The next person we say from blindness might be an astronomer, a farmer, a doctor, or just an ordinary person telling you his life story, because someone decided to make a difference. You do not need to move mountains to do good. You just need to care a little bit. You don’t need to do a lot, do a little and maybe a little bit more. And before you know it, you saved a child from blindness.”
Sam urges everyone: “Do not give up that conviction to do good, not just after the speech or this event. Hold it throughout your life. Push through the people who say no, push through your everyday stress of life. Push through the feeling of thinking about yourself and remember that there’s a baby out there waiting to be saved. Think about all the blind babies that are suffering right now all over India as we speak, waiting for us to make a difference.”
“Let’s make a collective difference. Let’s create the world that we are proud to live in. Do not give up when everyone says, who cares? Say, I care. Do not use your power and money as a trophy. Use it as a sword that you can swing to spread light throughout the world.”
