Being Quote by Yusuf Hamied
“If you look at the world's top 50 drugs being sold today, they are being marketed and sold by companies that did not invent them. I respect patents. I'll pay a royalty. But I shouldn't be denied the right to produce drugs for poor people at reasonable prices.”
About This Quote
Source Interview: Business Today, 2023, discussing pharmaceutical ethics
Critiques the practice of selling drugs by firms that didn't develop them, advocating for affordable access for the poor while respecting patents.
In simple terms: Patents hinder cheap drug access for poor.
Key Takeaway
Promote fair licensing for essential medicines.
Themes
ethics
pharmaceuticals
patents
global health
Mood
concerned
hopeful
Type
policy
analytical
When to use this quote
- government policy
- NGO advocacy
- drug pricing strategies
Key Concepts
intellectual property
access to medicine
economics
Questions to Reflect On
- What models ensure both innovation and affordability?
A Different Perspective
Balancing innovation incentives with humanitarian needs is complex.
