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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.

From Yusuf Hamied

AIDS today is not a death sentence. It can be treated as a chronic illness, or a chronic disease.

From Yusuf Hamied

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

From Yusuf Hamied

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

From Yusuf Hamied

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

From 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 philanthropy in itself.

From Yusuf Hamied

Alleviation of suffering is my fundamental principle.

From Yusuf Hamied

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

From 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 reasonable prices.

From Yusuf Hamied

If tomorrow the Chinese decide not to supply the world with raw materials, the pharma industry would collapse.

From Yusuf Hamied

Yusuf Hamied

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