Yusuf Hamied

About Yusuf Hamied

Yusuf Hamied is the non-executive chairman of Mumbai-based generics maker Cipla.

Cipla was founded in 1935 by his father Khwaja Abdul Hamied, a disciple of Mahatma Gandhi.

After the patriarch passed away in 1972, 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.

At the annual shareholders' meeting in August 2023, Hamied called reports of a potential stake sale in Cipla by the family to a private equity firm as "speculative."