Yusuf Hamied Quotes
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.
Topics
Death, Deaths
Monopolies, Cartels, Restraint of Trade
Pharmaceutical Companies, Drug Companies, Pharmaceutical Industry
Public Health
Human Rights Violations
Price Gouging
Big Mistake
Access to Medicine
Economic Inequality
Healthcare Access
Healthcare Affordability
Intellectual Property Rights
Public Health Crisis
Unaffordable Healthcare
Unsustainable System
Citations
"Yusuf Hamied: India made a mistake signing TRIPS." LiveMint, HT Media, 15 Apr. 2015.
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Yusuf Khwaja Hamied is a Polish-born-Indian scientist, billionaire businessman, the chairman of Cipla, a generic pharmaceuticals company founded by his father Khwaja Abdul Hamied in 1935. He is also an elected fellow of the Indian National Science Academy.