Navin Engineer | |
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Born | Navinchandra Jamnadas Engineer May 1951 |
Nationality | British |
Known for | Founder and owner, Chemidex |
Spouse | Varsha Engineer |
Children | 2 |
Navinchandra Jamnadas Engineer (born May 1951) is a British billionaire, the owner of Chemidex, a pharmaceutical company that he founded in 1981.
Navinchandra Jamnadas Engineer was born in May 1951. [1] His father worked for the Kenyan civil service. [2] In 1963, he was sent from Kenya to London to live with his aunt, and later studied at the London School of Pharmacy. [3]
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. [4]
Chemidex was founded by Engineer and his wife in 1981, and is based in Egham, Surrey. [5]
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. [4] [6] Chemidex then became a pharmaceutical company, and it acquired its first brand in 2000. [7]
According to The Sunday Times , the business is valued at £1 billion and Engineer at £1.1 billion. [3]
Engineer also set up the company Essential Generics, a drug manufacturer based in Egham, Surrey. [8] He resigned as a director of the company in 2013. [9]
He is married to Varsha Engineer. [3] They have two children, [6] and both studied medicine. [4]
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