BioVoice News August 2016 Issue 4 Volume 1 | Page 24

bio chat “Despite economic slowdown, the wellness industry continues to be resilient” Bangalore based Sami Labs has over the past 25 years, brought to the market more than 100 standardized botanical extracts, and privately funded clinical studies in conjunction with prestigious institutions in support of these products. In a chat with BioVoice, Dr Muhammed Majeed, Founder and Chairman, SamiSabinsa Group of companies gave insights into the company’s foundation, its achievements and future as well as the overall market scenario. Read the details from the exclusive interaction below: BY RAHUL KOUL Please share your memorable moments during the journey of Sami Labs since its inception. Has the company performed to your satisfaction and vision? “ Today, many countries are strengthening regulations in order to improve the credibility of the wellness sector and India especially is being perceived as a significant contender in this emerging industry. 24 BioVoiceNews | August 2016 After obtaining a degree in Pharmacy from Kerala University in 1975, I had the opportunity to move to the United States and work as a pharmacist. I eventually pursued my passion for knowledge and did a Masters in Industrial Pharmacy from Long Island University, New York. I obtained the opportunity to work for top pharmaceutical companies, like, Pfizer Inc., Carter Wallace and Paco Research while pursuing my doctorate from St. John’s University. I always wanted to introduce Indian Ayurveda to Americans as a therapeutic adjuvant for various ailments, and hence started Sabinsa Corporation in 1988 in the state of New Jersey, USA, where we marketed more than 30 standardised botanical extracts back then, most of which were derived from Indian herbs and cited in the Ayurveda. Witnessing a growing demand for our products, we established Sami Labs in