Your vision to provide low cost medicine to the world is commendable. May you also invest in research as said and make new affordable drugs for life threatening diseases. Somewhere all Indians have tried a drug by CIPLA.
My salutations & pranams to Mr.Yusuf Hameid , for the yeoman service he is rendering to this nation. May his next generation continue the good work that he has started & take it further .
It is very very heartening to hear the valiant fight by Yusuf Hamied, chairman, Cipla, against multinational looters and the spineless Indian government.Mr.Modi should openly support CIPLA in its honest efforts and indian government must allow CIPLA on behalf of INDIA to fight the multinationals who know only to loot.Very proud to see CIPLA's effort.
I am not against or with MNCs, tell me how much new drugs are invented by Indian companies till date? How Indians benefits from Indian pharma companies? There should be different laws for poor countries and developed countries so each and every patient benefits from newer therapies at affordable costs!!!
If this is not contribution to the country's poor people, then what is? High time we stop giving politicians such awards and start giving the real contributors the respect they rightly deserve. The BJP govt failed the nation in early 2000s when it agreed to patent laws and it has once again failed the nation in 2014 whereby it has signed a treaty to protect IPR of american MNCs ignoring its own poor population. Its a shame we have such a govt. MNCs crying foul over IPR is a sham since they are seldom the real inventor of any new drug which benefits the masses, but are just the ones who buy the patent rights from the real inventors. The govt had a choice to either back its own people or protect the multi billion profits of the MNCs, and unfortunately it chose to back the MNCs ignoring its people with Mr Modi signing the agreement in the US, and its effects will be visible shortly in the country. Sadly all the media houses have been silenced with money thrust into their mouth by .....
Development of a new drug takes about $2-5 billion dollars and about 10-14 years cycle for a single drug. Also, many promising drugs get rejected during trials after years and years of research work for side effects etc.
Drug development is a very risky and expensive business. Naturally, the companies developing them will like to recover the costs incurred on developing it. They have short cycle of 7-8 years to get the investment back before patent violators start producing generics.
Just because a thief distributes half of his earning in poor people doesn't make him a virtuous person and stealing a noble profession. There are two sides to a story - who is losing money and who is making money.
Re: EVery Story Has aTwo Sides
by Aftab on Dec 25, 2014 09:49 AM
Yes selling a drung for Rs 280000 is not a crime in your opinion when the same drug CIPLA is selling at Rs 6800/-.
&0 % drugs are not the product of the research of those companies who are selling them but they have bought the patent by paying a few million and earning several Billion.
Your estimate that 2-5 Billion is spent on research is absolutely trash.
There are hardly one or two drugs where this might have costed a billion.
So dont become a paid agent of the druglords. your remark about businessmen like Hameed is highly disgusting.
Re: EVery Story Has aTwo Sides
by subra on Dec 25, 2014 11:08 AM
Why he is targeting African market Why not sell cheap antibiotics,tonics etc for poor Indians who are living on Rs32/- std of Monteksingh ahluvalia
It is the need of the hour, millions are not affordable for the expensive drugs which are provided by the MNCs in India and abroad. Cipla made it possible. Salute to the Great Man, Mr.Yusuf Hamied.
