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" Once you start succeeding, you start dreaming big. For me, it was that way. "
Kiran Mazumdar-Shaw
Dreaming
Big
Start
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" My legacy is going to be in affordable health care. I am willing to invest in developing that model and the policies around it. "
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" 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. "
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" 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. "
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" Innovation and commerce are as powerful tools for creating social progress as they are for driving technological advancement. "
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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
Father
Career
He
" 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
Father
Man
Opportunities
" 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 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
" 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
" 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
Best
Friend
Breast Cancer
" 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
" 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
Money
Business
Obstacles
" The brewing industry is a very, very male dominated industry. It's a male bastion. "
Kiran Mazumdar-Shaw
Male
Industry
Dominated
" 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 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
I Am
" 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
" It is always nice to reflect on how one started. "
Kiran Mazumdar-Shaw
Nice
How
Started
" 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 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
" 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
" 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. "
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Nature
Space
Science
" You have to build a culture of philanthropy. In a country like India, we need to be sensitive and caring about the poorer, more disadvantaged section of our country. "
Kiran Mazumdar-Shaw
Need
Culture
Country
" 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 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
" India is a fertile ground for entrepreneurs, given its large pool of world-class talent and resources. India's ability to generate wealth and create social good will come if we let entrepreneurs flourish by encouraging and enabling innovation. "
Kiran Mazumdar-Shaw
Innovation
Create
Good
" 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
" I believe in never giving up, no matter what the odds. My mantra is, 'Failure is temporary. Giving up is permanent.' "
Kiran Mazumdar-Shaw
Failure
Giving
Believe
" I belong to the breed of first-generation entrepreneurs who have basically created our enterprises with very frugal resources. "
Kiran Mazumdar-Shaw
Breed
Belong
Who
" 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
" Pioneering companies always try out new things and experiment with new concepts and new things. "
Kiran Mazumdar-Shaw
Things
Always
New