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- Padma Bhushan Award from Hon’ble President of India – 28th March, 2005, in recognise of Dr. Vara Prasad Reddy’s distinguished service of a high order in the field of science and Engineering.
- Biotech product, process, development and commercialization award-2005 from Hon’ble Union Minister for Finance
- FAPCCI-2004 Award from Hon’ble Chief Minister of A.P. for Best Technology Development in R&D for SHANKINASE
- FAPCCI-2004 Award from Hon’ble Chief Minister of A.P. for Best Technology Development
- National Technology Award-2003 from the Vice President of India for successful of indigenous interferon Alpha -2b “Shanferon”
- DSIR-2003 Award from Minister of State for Science & Technology for development of Shanferon (Interferon Alpha-2b)
- The first National Technology Award – 1999 from the Prime Minister of India for successful developement and commercialisation of indigenous Heppatitis vaccine “Shanvac-B”
- DSIR-1998 Award from Union Minister for
- Science & Technology for development of Shanvac-B (Hepatitis-B Vaccine)
- Best Management Award received from Department of Labour, Government of Andhra Pradesh in May 2006.