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" Biocon is on a journey of making impact on global healthcare. I have to make sure that I have one in five persons who needs insulin therapy to use a Biocon product - that is my dream. "
Kiran Mazumdar-Shaw
Dream
Healthcare
Five
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" If you think about brewing, it is biotechnology. And I would say that I was a technologist at heart. So whether I... fermented beer or whether I fermented enzymes, the base technology was the same. "
Kiran Mazumdar-Shaw
Beer
You
Think
" I am very passionate about India's place in bio-pharmaceuticals, and that is what I really want to drive and create leadership for in India because I really think it is possible. "
Kiran Mazumdar-Shaw
Place
Think
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" My philanthropy is largely focused on healthcare, and I really want to make a difference to people's lives. "
Kiran Mazumdar-Shaw
Make A Difference
People
Healthcare
" My father was a brew master. He was the one who I was very close to, he influenced me in many many ways including my pursuing a career as a brew master. "
Kiran Mazumdar-Shaw
Father
Career
He
" We need to ask ourselves: What use is our scientific endeavor and innovation when they are inaccessible to the people who need them the most? It is only when the benefits of research reach the person on the lowest rung of the economic ladder that it can be considered to have delivered true value. "
Kiran Mazumdar-Shaw
Value
People
Innovation
" The brewing industry is a very, very male dominated industry. It's a male bastion. "
Kiran Mazumdar-Shaw
Male
Industry
Dominated
" I do serve on various boards and I'm very honest and frank, obviously. I am a very forthright person and I do, sort of, share my candid views on anything. "
Kiran Mazumdar-Shaw
Candid
Am
Honest
" I think there's a certain paranoia about science because there is a certain risk related to science which people are very wary about, and therefore, there is an inherent risk aversion to science and technology or, at least, science and technology of unknown. "
Kiran Mazumdar-Shaw
Think
Technology
Science
" It is always nice to reflect on how one started. "
Kiran Mazumdar-Shaw
Nice
How
Started
" In India, I personally believe yes, there is a clear fear of unknown; there's a lot of risk aversions in science and technology. They want predictability in everything they do, and it starts from people. It starts from investors. It starts from the regulators. You see that mindset across the society. "
Kiran Mazumdar-Shaw
Science
You
Technology
" One of my objectives when I started Biocon was to make sure that I create a company for women scientists to pursue a vocation. "
Kiran Mazumdar-Shaw
Women
Started
Pursue
" I am very concerned about the fact that India as a country does not have a national health system, and I am determined to try and influence the government to really build a national health system for the country. "
Kiran Mazumdar-Shaw
Influence
Government
Health
" Indian business women like Indra Nooyi, Chanda Kochhar, Naina Lal Kidwai, Shikha Sharma, Swati Piramal, Anu Agha, Swati Piramal, Sulajja Firodia Motwani and Zia Mody have put India on the global firmament. "
Kiran Mazumdar-Shaw
Women
India
Business
" Being in a field like healthcare, for me, as someone who is basically on a mission to make a global impact in terms of affordable access to healthcare, I am very, very concerned about the fact that there are a large number of people in this world who need to have some access to basic rights, whether it is in education or healthcare. "
Kiran Mazumdar-Shaw
Me
Need
People
" My legacy is going to be in affordable health care. I am willing to invest in developing that model and the policies around it. "
Kiran Mazumdar-Shaw
Going
Model
Care
" I want to make sure that our bio-similars capture a huge market share and help cancer patients around the world, which we are already doing in the developing world because we didn't have access to these drugs. Biocon enjoys a large reputation of giving them high-quality cancer drug. "
Kiran Mazumdar-Shaw
Help
Giving
World
" I call myself an accidental entrepreneur. I was all set to take up a brewing job in Scotland when a chance encounter with an Irish entrepreneur led me to set up a biotech business in India instead. "
Kiran Mazumdar-Shaw
Job
Business
Chance
" Pioneering companies always try out new things and experiment with new concepts and new things. "
Kiran Mazumdar-Shaw
Things
Always
New
" I have a great team who has helped me build Biocon, I was very fortunate to be able to share my vision with a group of people who really were as excited about challenges as I was. "
Kiran Mazumdar-Shaw
Great
Team
Vision
" My passion for innovation and my interest in the 'business of science' has seen Biocon commercialize many innovative platforms and products. "
Kiran Mazumdar-Shaw
Innovation
Science
Passion
" I hate the title of being called 'the richest woman in India,' but it's the recognition that this was the value that I had created as a woman entrepreneur, and that makes me very, very proud. "
Kiran Mazumdar-Shaw
India
Hate
Woman
" People believe that art and science are two distinct realms. It is far from the truth because, if you look at science from a microscope or from a different lens, you can see the beauty in science. It is very artistic. "
Kiran Mazumdar-Shaw
Truth
You
Art
" I have successfully challenged the Western world's existing model of pharmaceutical innovation, which leads to the creation of monopolistic markets for novel, life-saving drugs that deliver high margins at low volumes. "
Kiran Mazumdar-Shaw
Low
Innovation
High
" I want to be remembered as someone who put India on the scientific map of the world in terms of large innovation. I want to be remembered for making a difference to global healthcare. And I want to be remembered as someone who did make a difference to social economic development in India. "
Kiran Mazumdar-Shaw
World
Innovation
Make A Difference
" As a traditionally risk-averse nation, India has rarely been at the forefront of innovation. Indian companies have mostly imitated others and became very good at it. "
Kiran Mazumdar-Shaw
Innovation
Good
India
" Unfortunately, our stock is somehow not well understood by the markets. The market compares us with generic companies. We need to look at Biocon as a bellwether stock. A stock that is differentiated, a stock that is focused on R&D, and a very, very strong balance sheet with huge value drivers at the end of it. "
Kiran Mazumdar-Shaw
Balance
End
Look
" I think, in terms of corporate philosophy, I've always believed that you've got to treat people in a very very egalitarian manner in the sense I like to treat people on a one-to-one basis. And I like people to take on a lot of responsibilities because I think with a sense of responsibility also comes a sense of purpose. "
Kiran Mazumdar-Shaw
Responsibility
Think
People
" I was greatly inspired by my late father, who was a well-known name in the brewing industry. It was he who encouraged me to take the road less traversed and gave me the confidence to pursue my path of entrepreneurship. "
Kiran Mazumdar-Shaw
Me
Father
Confidence
" As you become more successful, the gender barrier disappears. The credibility challenges you have during your growing up years starts disappearing when you start demonstrating success. "
Kiran Mazumdar-Shaw
Growing Up
Challenges
Start
" It was a chance encounter with a biotech entrepreneur from Ireland that got me started as an entrepreneur in India, because I partnered this Irish company in setting up India's first biotech company. "
Kiran Mazumdar-Shaw
Company
Me
India