Yusuf Hamied - Reducing the price of cancer drugs is a...

Reducing the price of cancer drugs is a humanitarian move.

Biography

Author Profession: Scientist

Nationality: Indian

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Related Authors

Vikram Patel, Vilayanur S. Ramachandran, Siddhartha Mukherjee, Pranav Mistry, Subrahmanyan Chandrasekhar, Priyamvada Natarajan, Anant Agarwal, Vijay Kumar

Topics

Cancer, Humanitarian, Move, Price, Reducing

Quotes to Explore

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

Long I Can Continue Working

My father never forced me, but chemistry was my best subject.

Best Me Father Never

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.

Ride Never India Healthcare

I believe that life-saving, essential drugs should be freely available and the innovator should be paid a suitable royalty payment for his invention.

Believe Royalty I Believe Invention

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.

Today Respect You People

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

Brother Team Management Strong

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.

Education Health Support Place

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

Only Flu Than Version

Alleviation of suffering is my fundamental principle.

Suffering Principle Fundamental

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.

Me People AIDS India

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.

Death Mistake Poverty Country

I want it to be said when I leave this world that 'he was not just a money-making machine.'

World Want Leave Said

Clinton has played a major role in giving companies like Cipla credibility, for which I will always be grateful.

Grateful Giving Will Always

Every country has the right to determine its own laws. And India can't afford monopolies.

Country India Own Right

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