Yusuf Hamied & family

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Yusuf Hamied
  • Yusuf Hamied is the nonexecutive chairman of $2.3 billion (revenue) generics maker Cipla.
  • The company was founded in 1935 by his father Khwaja Abdul Hamied, a disciple of Mahatma Gandhi.
  • When the patriarch passed away in 1972, the Cambridge-educated Hamied and his brother Mustafa inherited the business.
  • Hamied took on big pharmaceutical companies, offering low-cost generic drugs for diseases such as AIDS, earning the label of drug pirate.
  • In 2020, Cipla launched a range of drugs to treat Covid-19, including a generic version of Remdesivir manufactured under license from Gilead Sciences.

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