Yusuf Hamied
Yusuf Hamied
Yusuf Khwaja Hamiedis a billionaire Indian scientist and businessman, the chairman of Cipla, a generic pharmaceuticals company founded by his father Khwaja Abdul Hamied in 1935...
NationalityIndian
ProfessionScientist
CountryIndia
affordable bit causes education fair health mechanism prices selling structured various
Unfortunately, the mechanism for doing philanthropy in a structured way isn't yet in place in India. I already do a fair bit and support various causes such as education, sanitation, health. But selling costly drugs at affordable prices is philanthropy in itself.
aids existed india knowing patients people seen though
I had seen AIDS patients in India and Africa, and knowing that people were dying even though drugs existed that could help them was shattering for me.
clinton companies major played
Clinton has played a major role in giving companies like Cipla credibility, for which I will always be grateful.
aids gave price reducing spare
Reducing the price of AIDS drugs gave me so much satisfaction that I've been thinking what else I could do. One day, I thought, 'Let's look at cancer and see how we can spare cancer patients' unnecessary suffering.'
aware becoming cared cases charge fair high india million patients prices share taken year
Patients are becoming aware that they're being taken for a ride by big pharma companies. They charge high prices and have never cared for India's healthcare. There are 23 million cases of cancer every year and India has a fair share of that.
anybody believe business cannot cent healthcare per playing plus products regard saving society truly
I do believe anybody manufacturing products for healthcare cannot regard it truly as a 100 per cent business: it is business plus a humanitarian approach to society because you are saving lives. You are playing with people's lives.
available cheaper developed generic treating
Cipla has already developed a generic version, oseltamivir, which would be much cheaper than Tamiflu, the only available drug effective in treating avian flu.
best forced
My father never forced me, but chemistry was my best subject.
country determine
Every country has the right to determine its own laws. And India can't afford monopolies.
I want it to be said when I leave this world that 'he was not just a money-making machine.'
As long as I can contribute, I'll continue working.
afford allow country death higher india lead mistake monopolies monopoly population poverty prices signing
India made a big mistake by signing up to TRIPS. With a population of 1.3 billion, India can't afford a monopoly in healthcare. Monopolies lead to higher prices and we can't allow them in a country like India with so much poverty and misery. It was like signing our own death warrant.
cancer moving drug
Reducing the price of cancer drugs is a humanitarian move.
brother strong team
Cipla has a strong professional management team, and we take team decisions. My brother has been working at Cipla since 1973.