Top 10 Yusuf Hamied Quotes

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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.

Cipla has a strong professional management team, and we take team decisions. My brother has been working at Cipla since 1973.

As long as I can contribute, I'll continue working.

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.

Cipla has already developed a generic version, oseltamivir, which would be much cheaper than Tamiflu, the only available drug effective in treating avian flu.

Alleviation of suffering is my fundamental principle.

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.

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.'

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.

Reducing the price of cancer drugs is a humanitarian move.

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