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Yusuf Khwaja Hamied (born 25 July 1936) is an Indian scientist, billionaire businessman and the chairman of
Cipla Cipla Limited (stylized as Cipla) is an Indian multinational pharmaceutical company, headquartered in Mumbai. Cipla primarily develops medicines to treat respiratory disease, cardiovascular disease, arthritis, diabetes, depression and many oth ...
, a generic pharmaceuticals company founded by his father
Khwaja Abdul Hamied Khwaja Abdul Hamied FCS, FRIC (31 October 1898 – 23 June 1972) was an Indian industrial and pharmaceutical chemist who founded Cipla, India's oldest pharmaceutical company in 1935. His son, Yusuf Hamied headed the company after him f ...
in 1935. He is also an elected fellow of the
Indian National Science Academy The Indian National Science Academy (INSA) is a national academy in New Delhi for Indian scientists in all branches of science and technology. In August 2019, Dr. Chandrima Shaha was appointed as the president of Indian National Science Acade ...
.


Early life

Hamied was born in
Vilnius Vilnius ( , ; see also other names) is the capital and largest city of Lithuania, with a population of 592,389 (according to the state register) or 625,107 (according to the municipality of Vilnius). The population of Vilnius's functional urb ...
, then Poland, now Lithuania, and raised in
Bombay Mumbai (, ; also known as Bombay — the official name until 1995) is the capital city of the Indian state of Maharashtra and the ''de facto'' financial centre of India. According to the United Nations, as of 2018, Mumbai is the second-m ...
(now
Mumbai Mumbai (, ; also known as Bombay — List of renamed Indian cities and states#Maharashtra, the official name until 1995) is the capital city of the Indian States and union territories of India, state of Maharashtra and the ''de facto'' fin ...
). His Indian Muslim father and
Russophone This article details the geographical distribution of Russian-speakers. After the dissolution of the Soviet Union in 1991, the status of the Russian language often became a matter of controversy. Some Post-Soviet states adopted policies of derussi ...
Lithuanian Jewish mother, Luba Derczanska met in pre-war Berlin, where they were university students. Hamied was educated at the
Cathedral and John Connon School The Cathedral & John Connon School is a co-educational private school founded in 1860 and located in Fort, Mumbai, Maharashtra.St. Xavier's College, Mumbai St. Xavier's College is a private, Catholic, autonomous higher education institution run by the Bombay Province of the Society of Jesus in Mumbai, Maharashtra, India. It was founded by the Jesuits on January 2, 1869. The college is aff ...
. He went to England in 1954, and earned a BA in chemistry in 1957, followed by a PhD, from Christ's College, Cambridge. He uses his chemistry notebooks from Cambridge when he develops new syntheses of drugs.


Career

Hamied is best known outside India for defying large Western
pharmaceutical companies The pharmaceutical industry discovers, develops, produces, and markets drugs or pharmaceutical drugs for use as medications to be administered to patients (or self-administered), with the aim to cure them, vaccinate them, or alleviate symptoms. ...
in order to provide
generic Generic or generics may refer to: In business * Generic term, a common name used for a range or class of similar things not protected by trademark * Generic brand, a brand for a product that does not have an associated brand or trademark, other ...
AIDS drugs and treatments for other ailments primarily affecting people in poor countries. Hamied has led efforts to eradicate AIDS in the developing world and to give patients life-saving medicines regardless of their ability to pay, and has been characterized as a modern-day
Robin Hood Robin Hood is a legendary heroic outlaw originally depicted in English folklore and subsequently featured in literature and film. According to legend, he was a highly skilled archer and swordsman. In some versions of the legend, he is dep ...
figure as a result. Hamied stated, "I don't want to make money off these diseases which cause the whole fabric of society to crumble". In September 2011, in a piece about how he was trying to radically lower costs of biotech drugs for cancer,
diabetes Diabetes, also known as diabetes mellitus, is a group of metabolic disorders characterized by a high blood sugar level ( hyperglycemia) over a prolonged period of time. Symptoms often include frequent urination, increased thirst and increased ...
and other noncommunicable diseases, ''The New York Times'' wrote of Hamied:
Dr. Yusuf K. Hamied, chairman of the Indian drug giant Cipla Ltd., electrified the global health community a decade ago when he said he could produce cocktails of AIDS medicines for $1 per day — a fraction of the price charged by branded pharmaceutical companies. That price has since fallen to 20 cents per day, and more than six million people in the developing world now receive treatment, up from little more than 2,000 in 2001.
Hamied has also been influential in pioneering development of multi-drug combination pills (also known as fixed-dose combinations, or FDCs), notably for
HIV/AIDS Human immunodeficiency virus infection and acquired immunodeficiency syndrome (HIV/AIDS) is a spectrum of conditions caused by infection with the human immunodeficiency virus (HIV), a retrovirus. Following initial infection an individual ...
,
tuberculosis Tuberculosis (TB) is an infectious disease usually caused by '' Mycobacterium tuberculosis'' (MTB) bacteria. Tuberculosis generally affects the lungs, but it can also affect other parts of the body. Most infections show no symptoms, i ...
(TB),
asthma Asthma is a long-term inflammatory disease of the airways of the lungs. It is characterized by variable and recurring symptoms, reversible airflow obstruction, and easily triggered bronchospasms. Symptoms include episodes of wheezing, co ...
and other ailments chiefly affecting developing countries, as well as development of pediatric formulations of drugs, especially those benefiting children in poor settings. These innovations have greatly expanded access to medicine and increased drug safety by ensuring proper dosages are taken. He is also highly regarded for his role in expanding the production of bulk drugs and "active pharmaceutical ingredients" (APIs, the active chemical components in medicines) in India. Hamied has been a major benefactor to Cambridge. In 2009 the Yusuf Hamied Centre was opened at Christ's College. The centre features a bronze portrait bust of Hamied by fellow Christ's College alumnus, Anthony Smith. The college also has a Todd-Hamied Fellow in chemistry, a post held by Professor Chris Abell, FRS, from 1986 until his death in October 2020. In 2018 he made a donation to the chemistry department at Cambridge to support the 1702 Chair of Chemistry, the oldest professorship in the subject there, which has been renamed after him as the Yusuf Hamied 1702 Chair. There is also a Hamied Laboratory for Chemical Synthesis & Catalysis in the department, as well as a Todd-Hamied Seminar Room and Todd-Hamied Laboratory, the last two (and the Christ's fellowship) being a tribute also to Alexander, Lord Todd, Nobel laureate in chemistry, whom Hamied described as 'my
mentor Mentorship is the influence, guidance, or direction given by a mentor. A mentor is someone who teaches or gives help and advice to a less experienced and often younger person. In an organizational setting, a mentor influences the personal and p ...
and guide over the years' since he completed his Ph.D. at Christ's College with Todd. Todd himself was 1702 Professor from 1944 to 1971, as well as Master of Christ's. In 2020 it was announced that Hamied had made a substantial donation to Cambridge University's chemistry department. This donation led to the foundation of the Hamied Scholars Programme, and the department has subsequently been renamed the Yusuf Hamied Department of Chemistry until 2050. Yusuf Hamied and the Cipla Foundation made a Rs 20 crore donation to
IISER Pune Indian Institute of Science Education and Research, Pune (IISER Pune) is an autonomous public university established in 2006. It is one of the seven Indian Institutes of Science Education and Research, and was one of the first IISERs to ...
for a state of the art chemistry facility that would be used in outreach programmes. Hamied has been the subject of in-depth profiles in ''
The New York Times ''The New York Times'' (''the Times'', ''NYT'', or the Gray Lady) is a daily newspaper based in New York City with a worldwide readership reported in 2020 to comprise a declining 840,000 paid print subscribers, and a growing 6 million paid d ...
'', ''
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'' magazine, ''
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'', ''
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'', ''
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'', the ''
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'', ''
The Times ''The Times'' is a British daily national newspaper based in London. It began in 1785 under the title ''The Daily Universal Register'', adopting its current name on 1 January 1788. ''The Times'' and its sister paper '' The Sunday Times'' (f ...
(London)'', '' Corriere della Sera'', '' Der Spiegel'', ''
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'' and numerous other leading publications, as well as on television outlets such as ''
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'', the
BBC #REDIRECT BBC #REDIRECT BBC Here i going to introduce about the best teacher of my life b BALAJI sir. He is the precious gift that I got befor 2yrs . How has helped and thought all the concept and made my success in the 10th board exam. ...
...
,
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and
CBS CBS Broadcasting Inc., commonly shortened to CBS, the abbreviation of its former legal name Columbia Broadcasting System, is an American commercial broadcast television and radio network serving as the flagship property of the CBS Entertainm ...
' '' 60 Minutes''. In February 2013, Hamied announced his retirement plans from Cipla after remaining managing director of the company for 52 years. That year, ''
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'' magazine included him in its list of richest Indians.


Awards and recognition

He was awarded the
Padma Bhushan The Padma Bhushan is the third-highest civilian award in the Republic of India, preceded by the Bharat Ratna and the Padma Vibhushan and followed by the Padma Shri. Instituted on 2 January 1954, the award is given for "distinguished service ...
, India's third highest civilian honour by
Government of India The Government of India (ISO: ; often abbreviated as GoI), known as the Union Government or Central Government but often simply as the Centre, is the national government of the Republic of India, a federal democracy located in South Asia, ...
in 2005. Hamied was awarded the '
CNN-IBN Indian of the Year CNN-News18 (originally CNN-IBN) is an Indian English-language news television channel founded by Raghav Bahl based in Noida, Uttar Pradesh, India. It is currently co-owned by Network18 Group and Warner Bros. Discovery. CNN provides internatio ...
' in the category of business by
CNN-IBN CNN-News18 (originally CNN-IBN) is an Indian English-language news television channel founded by Raghav Bahl based in Noida, Uttar Pradesh, India. It is currently co-owned by Network18 Group and Warner Bros. Discovery. CNN provides internat ...
in 2012 "for taking on multinational pharma companies and making some of the essential drugs more affordable to the masses in the developing countries." In late 2013, he was also named one of the India's "25 Greatest Global Living Legends" by news broadcaster
NDTV New Delhi Television Ltd is an Indian news media company focusing on broadcast and digital news publication. The company is considered to be a legacy brand that pioneered independent news broadcasting in India, and is credited for launching t ...
. He was also recently interviewed for the Creating Emerging Markets project at the Harvard Business School, discussing at length his strategies to provide AIDS treatments and other drugs to help treat poor people in the developing world.


Media

Hamied's role in the battle for mass antiretroviral treatment in Africa is portrayed in the documentary Fire in the Blood (2013 film). In its review of the film,
India Today ''India Today'' is a weekly Indian English-language news magazine published by Living Media India Limited. It is the most widely circulated magazine in India, with a readership of close to 8 million. In 2014, ''India Today'' launched a new o ...
noted that "the story of Yusuf Hamied will make every Indian proud as he was the only man who decided to walk against the tide and sell drugs to save lives without focusing on profits."


Personal life

Hamied married to Farida and they have no children. They live in
London London is the capital and List of urban areas in the United Kingdom, largest city of England and the United Kingdom, with a population of just under 9 million. It stands on the River Thames in south-east England at the head of a estuary dow ...
and
Mumbai Mumbai (, ; also known as Bombay — List of renamed Indian cities and states#Maharashtra, the official name until 1995) is the capital city of the Indian States and union territories of India, state of Maharashtra and the ''de facto'' fin ...
. His younger brother, M. K. Hamied, is Cipla's non-executive vice-chairman. The latter has three children, including Samina Vaziralli, who is expected to take over leadership of Cipla in the future. In May 2021, ''
Forbes ''Forbes'' () is an American business magazine owned by Integrated Whale Media Investments and the Forbes family. Published eight times a year, it features articles on finance, industry, investing, and marketing topics. ''Forbes'' also r ...
'' estimated Hamied's net worth at
US$ The United States dollar (symbol: $; code: USD; also abbreviated US$ or U.S. Dollar, to distinguish it from other dollar-denominated currencies; referred to as the dollar, U.S. dollar, American dollar, or colloquially buck) is the official ...
3.3 billion.


References

{{DEFAULTSORT:Hamied, Yusuf Khwaja 1936 births Living people Indian billionaires 20th-century Indian chemists 21st-century Indian chemists Indian businesspeople in the pharmaceutical industry Indian people of Jewish descent Indian people of Russian descent Indian philanthropists Indian organic chemists Businesspeople from Mumbai Businesspeople in the pharmaceutical industry Scientists from Mumbai Indian people of Russian-Jewish descent Recipients of the Padma Bhushan in medicine Alumni of Christ's College, Cambridge Soviet emigrants to India Cathedral and John Connon School alumni Fellows of the Indian National Science Academy