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

Kiran Mazumdar-Shaw

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

Kiran Mazumdar-Shaw

" The brewing industry is a very, very male dominated industry. It's a male bastion. "

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

" 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

" 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

" 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

" 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

" 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

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

Kiran Mazumdar-Shaw

" 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

" 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

" 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

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

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

" 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

" I believe in never giving up, no matter what the odds. My mantra is, 'Failure is temporary. Giving up is permanent.' "

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

" 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

" 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

" 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

" 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 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

" I faced a number of challenges whilst I built Biocon. Initially, I had credibility challenges where I couldn't get banks to fund me; I couldn't recruit people to work for a woman boss. Even in the businesses where I had to procure raw materials, they didn't want to deal with women. "

Kiran Mazumdar-Shaw

" 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

" 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

" 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

" 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

" 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