Indian Billionaire : Yusuf Khwaja Hamied
Yusuf Khwaja Hamied (born 25 July 1936) is a billionaire Indian researcher and business owner, the chairman of Cipla, a common drugs company founded by his daddy Khwaja Abdul Hamied in 1935.
Hamied was increased in Bombay. His Indian Muslim dad as well as Russophone Jewish mom met in pre-war Berlin, where they were graduate students. Hamied was enlightened at the and also John Connon School in Bombay. He holds a PhD in chemistry from Christ’s University, Cambridge. He utilizes his chemistry note pads from Cambridge when he develops new syntheses of medications.
Hamied is best known outside India for resisting big Western pharmaceutical companies in order to give generic AIDS medicines and therapies for various other ailments mostly impacting in poor countries. Hamied has actually led efforts to remove HELP in the creating world and to provide people life-saving medications despite their capability to pay, and has been defined as a modern number because of this.Hamied stated, “I don’t want to make money off these illness which cause the entire material of culture to crumble”.
In September 2011, in an item how he was aiming to significantly lower expenses of biotech medications for cancer, diabetes as well as other noncommunicable illness, The New york city Times composed of Hamied:Dr. Yusuf K. Hamied, chairman of the Indian medicine giant Cipla Ltd., electrified the worldwide health area a years ago when he said he could produce cocktails of AIDS medications for $1 daily– a fraction of the rate charged by branded pharmaceutical companies. That price has since been up to 20 cents daily, as well as greater than six million in the establishing world now get therapy, up from little more than 2,000 in 2001.
Indian businessman Yusuf Hamied has an estimated net worth of $1.25 billion as of June 2016 according to Forbes. He currently chairs Cipla, a pharmaceuticals company that was founded in 1935 by Khwaja Abdul Hamied, Yusuf Hamied’s father. In Africa, Hamied is hailed by the people as God, while Cipla is the temple. Though he was raised in Mumbai, Yusuf Hamied was actually born in Vilnius, Lithuania. He is a graduate of Christ’s College, Cambridge where he completed his doctorate degree in Chemistry. He is known to defy many Western pharmaceutical companies just to provide generic AIDS drugs as well as medicines for other ailments to patients in poor countries. He plays an essential role pioneering the development of several multi-drug combination pills which are used in the treatment of asthma, tuberculosis, HIV, AIDS and other serious ailments.
Source: