Dr.Muhammed Majeed is the Managing Director of one of the major companies
in India, which deals with plant biotechnology and fermentation technology.
He left his highly paid job from a Pharmaceutical research firm in US
and started a venture of his own.
Dr.
Majeed a native of Quilon, Kerala is now heading a business chain which
has a turnover of 270 crore. The central office SABINSA Corporation
is in Piscataway, New Jersey. Apart from SABINSA it has four more production
units in US. The central office in Karnataka is Sami Labs Ltd, Bangalore.
The other production units here are Anju Phyto Chemicals, Organica Aromatics,
Sami Spices (Cochin) - all part of his realm of business. The company
has offices in Japan and Dubai also.
Dr.Majeed is targeting a business with a turnover of 500 crore in India
by 2005. He also pointed out that now the Central Government has a very
supportive attitude towards the biotechnology research. His objective
is the innovation and the maximum utilization of the possibility of
Genetic Engineering in medicinal application. Indian Ayurvedic medicines,
food supplements and medicines made of herbal extracts are highly demanded
in US Market. Dr.Majeed’s contribution to this field is remarkable.
He introduced the greatest treasure of our Ayurvedic medicine to US
market. He is engrossed in innovating new applications of traditional
medicines through his research. In biotechnology, Research never ends.
By implementing these research results on business base, he has developed
a new market for our products. Guggulipid-a medicine from Commiphora
Mukul for reducing cholesterol, Curcuminoids-an extract from Curcumin
for liver disease, L-selenomethionine- for protecting health, an extract
from Garcinia Cambogia called Citrin for weight loss, Fenufibers-from
fenugreek are all his medicinally valued products which hit the foreign
market. Thus his victory paved the way for all the other Indian investors
into foreign market. They have 8 products patented in medicinal application
and 24 patents are pending. About 9 percent of the company’s revenue
is spent on research and innovation. They have a special clinical research
group of efficient scientists. A large amount of the total investment
is used on raising the market and for research. Currently there are
more than 100 ongoing projects in the R&D.
Of course the story behind Dr.Majeed who had only 8 dollars to spare
when he landed in US 28 years ago, is of exertion and intellect. Even
now, he keeps the habit of working 16 hours a day. Aspiration, assiduous
nature and intellect are the secrets behind his success.
Dr.Muhammed Majeed, the fifth son of Edappally Kottayil Muhammed Kunju
and Fathima Beevi had a clear view about his future during his studies.
He had done his Pre-Degree from Fathima Matha College, Quilon, B-Pharm
from Thiruvananthapuram Medical college and then reached Chicago. He
started his career in the maintenance section of a pharmaceutical research
company. In those diligent days, he used to travel 80 miles and continued
his studies along with work, and attained his Masters in Industrial
Pharmacy, then a Doctorate too. He started working as Research Pharmacist
in famous companies like Carter-Wallace, Paco Research etc. The experience
that he earned through these years gave him self-confidence to start
his own enterprise. He started Sabinsa Corporation in US in the name
of his wife who hails from Thiruvananthapuram, then Sami Labs Ltd. (Sami)
and Anju Phytochemicals (Anju) in Bangalore under his daughters names
.His son Shaheen who finished his general management studies from US
is also supporting him all the business ventures. Including efficient
scientists, more than 1000 staffs are working with his business group.
On his path of prosperity, Majeed’s business divisions were honored
with a number of awards. Export performance in Agro food industry, National
award for Basic Drugs, CSIR award for research activities, Karnataka
State Government’s Visvesvaraya award for exports, Spices Board’s
award for developing new products are all just a few of his account
of triumph. The Company is now more interested in cosmetic products.