About Yusuf Hamied:
Yusuf Khwaja Hamied is an Indian scientist and chairman of Cipla, a generic pharmaceuticals company founded by his father Khwaja Abdul Hamied in 1935. He was awarded the Padma Bhushan, India's third highest civilian honour by Government of India in 2005.
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.Yusuf Hamied
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 l...Yusuf Hamied
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 philanthro...Yusuf Hamied
If you look at the world's top 50 drugs being sold today, they are being marketed and sold by companies that did not invent them. I respect patents. I'll pay a royalty. But I shouldn't be denied the right to produce drugs for poor people at reasonabl...Yusuf Hamied
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.Yusuf Hamied
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.'Yusuf Hamied