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Biocon Study.pptx - An Interview with the Founder of Biocon...

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An Interview with the Founder of BioconMs Kiran Mazumdar-Shaw
IntroductionKiran Mazumdar-ShawKiran Mazumdar-Shaw is an Indian billionaire entrepreneur. She is the founder of Biocon Limited.She is on theFinancial Times’ top 50 women in business list.In 2019, she was listed as the 68th most powerful woman in the world byForbes.BioconValues:Its mission, is to make drugs and medicines affordable to all, with an innovation model seeking toreduce disparities in access to safe, high quality medicines, as well as address the gaps in scientificresearch to find solutions to impact a billion lives.”She has also proposed that drug companies be cost-sensitive in marketing to developing countries, sothat people can afford the drugs they need, particularly chronic therapies.Origins:She met Leslie Auchincloss, the founder of Biocon Biochemicals Limited, of Cork, Ireland. Auchincloss'scompany produced enzymes for use in the brewing, food-packaging and textile industries.After a brief period as a trainee manager at Biocon Biochemicals Limited, of Cork, Ireland, to learn moreabout the business, Kiran Mazumdar Shaw returned to India.She started Biocon India in 1978 in the garage of her rented house in Bengaluru with a seed capital ofRs. 10,000.She was unable to secure funding for her company at the early stages of her business.

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Term
Winter
Professor
Tanmoy
Tags
Biotechnology, Biocon, Kiran Mazumdar Shaw

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