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Navin Engineer

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Navin Engineer
BornNavinchandra Jamnadas Engineer
May 1951
NationalityBritish
Known forFounder and owner, Chemidex
SpouseVarsha Engineer
Children2

Navinchandra Jamnadas Engineer (born May 1951) is a British billionaire, the owner of Chemidex, a pharmaceutical company that he founded in 1981.

Early life

Navinchandra Jamnadas Engineer was born in May 1951. His father worked for the Kenyan civil service. In 1963, he was sent from Kenya to London to live with his aunt, and later studied at the London School of Pharmacy.

Career

Engineer's first job on graduation was a pharmacist for the Boots the Chemist chain, which he found "a little bit like the civil service"; one day he was shocked by a visiting area manager asking for a cup of tea when he was busy dispensing prescriptions, and resigned the same day.

Chemidex was founded by Engineer and his wife in 1981, and is based in Egham, Surrey.

In 1981, Chemidex opened its first pharmacy in Chertsey, Surrey. In 1999, he had 14 pharmacies which he sold to the German company Celesio for a reported £12 million. Chemidex then became a pharmaceutical company, and it acquired its first brand in 2000.

According to The Sunday Times, the business is valued at £1 billion and Engineer at £1.1 billion.

Engineer also set up the company Essential Generics, a drug manufacturer based in Egham, Surrey. He resigned as a director of the company in 2013.

Personal life

He is married to Varsha Engineer. They have two children, and both studied medicine.

References

  1. "Chemidex Generics Limited". Companies House. Retrieved 29 July 2015.
  2. "Navin Engineer, London, United Kingdom | Kenyan Jewels". Alusainc.wordpress.com. 2 February 2009. Retrieved 5 October 2015.
  3. ^ "Sunday Times Rich List". The Sunday Times. No. 33. 26 April 2015.
  4. ^ "Pharma families". Management Today. Retrieved 5 October 2015.
  5. "Chemidex Pharma Limited: Private Company Information - Businessweek". Businessweek.com. Retrieved 29 April 2015.
  6. ^ "Asian Power Couples Hot 100 - Surnames from D - FAsian Power Couples". Asianpowercouples.com. Retrieved 5 October 2015.
  7. "Chemidex Pharma - licensing and marketing of prescription pharmaceuticals". Chemidex.co.uk. Retrieved 5 October 2015.
  8. Reporter, Billy Kenber, Investigations. "Drug firm exploits loophole to raise price from £3 to £87". The Times. ISSN 0140-0460. Retrieved 25 August 2020.{{cite news}}: CS1 maint: multiple names: authors list (link)
  9. "Varsha Navinchandra ENGINEER - Personal Appointments (free information from Companies House)". beta.companieshouse.gov.uk. Retrieved 25 August 2020.


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