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" It is always nice to reflect on how one started. "

Kiran Mazumdar-Shaw

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" 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

" My passion for innovation and my interest in the 'business of science' has seen Biocon commercialize many innovative platforms and products. "

Kiran Mazumdar-Shaw

" 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

" 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

" I belong to the breed of first-generation entrepreneurs who have basically created our enterprises with very frugal resources. "

Kiran Mazumdar-Shaw

" 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

" There is artistic beauty to the way biology functions, nature functions, and science functions. I am trying to bring that kind of understanding in the design space. "

Kiran Mazumdar-Shaw

" I don't know whether I can call myself a visionary. "

Kiran Mazumdar-Shaw

" 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

" I owe my drive and determination to my upbringing, which instilled in me a set of values that make me who I am. "

Kiran Mazumdar-Shaw

" 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

" Once you start succeeding, you start dreaming big. For me, it was that way. "

Kiran Mazumdar-Shaw

" What really got me focused on cancer was when my best friend was diagnosed with breast cancer, and even though she was a well-to-do person, I found that her treatment costs were crippling. "

Kiran Mazumdar-Shaw

" Design, art, and science are all a melange. "

Kiran Mazumdar-Shaw

" 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

" 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

" 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

" 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

" 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

" When I started Biocon in 1978, the obstacles I needed to navigate were manifold - ranging from infrastructural hurdles to issues related to my credibility as a business woman. With no access to venture capital, money was scarce and high-cost, debt-based capital was all I had. "

Kiran Mazumdar-Shaw

" Inherently, I have a social conscience which my late father inculcated in me. He was not exactly a very wealthy man, but he was very concerned about the underprivileged, about the people who didn't have equal opportunities. "

Kiran Mazumdar-Shaw

" Pioneering companies always try out new things and experiment with new concepts and new things. "

Kiran Mazumdar-Shaw

" I guess I was very fortunate; I had a very very, lets put it this way, I had very wonderful upbringing and a childhood where my parents, of course, exposed us to many cultural aspects, not only of India but other parts of the world. "

Kiran Mazumdar-Shaw

" 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

" 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

" 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

" 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

Make A Difference

" 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

" 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

" In Vedic times, we had the great quest for the unknown. We did wonderful things; we celebrate our past vigyaan and our wonderful heritage of science and technology of the Vedic times. "

Kiran Mazumdar-Shaw