19 Quotes by Yusuf Hamied
- Author Yusuf Hamied
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I believe that life-saving, essential drugs should be freely available and the innovator should be paid a suitable royalty payment for his invention.
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AIDS today is not a death sentence. It can be treated as a chronic illness, or a chronic disease.
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If tomorrow the Chinese decide not to supply the world with raw materials, the pharma industry would collapse.
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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 reasonable prices.
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As long as I can contribute, I'll continue working.
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I want it to be said when I leave this world that 'he was not just a money-making machine.'
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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.
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Every country has the right to determine its own laws. And India can't afford monopolies.
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Cipla has a strong professional management team, and we take team decisions. My brother has been working at Cipla since 1973.
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