Kiran Mazumdar-Shaw, the Executive Chairperson and Founder of Biocon Limited and Biocon Biologics Limited, is a self-made billionaire. According to Forbes, she is the fourth richest woman of India in 2021 with a net worth of 3.9 billion USD. This is one of the important news on Kiran Mazumdar-Shaw. It would not be an overstatement to say that she is an embodiment of women power.
Her biotechnology and biopharmaceuticals conglomerate is based in Bengaluru, the capital of Karnataka. If one were to ask what is the profession of Kiran Mazumdar-Shaw it would be apt to term her as a global business leader in the realms of biopharmaceuticals.
The former Chairperson of Indian Institute of Management, Bangalore, Kiran was awarded the Othmer Gold Medal in 2014 for her outstanding contributions to the progress of science and chemistry. In 2020, Forbes ranked her as the 68th most powerful woman in the world.
Any honest biography of Kiran Mazumdar-Shaw can easily reveal her spirit of entrepreneurship and innovation. It sounds strange but it is true that this unbelievably wealthy woman began Biocon India in a garage of her rented house, with a seed capital of only Rs.10,000! That was in 1978. At that time, she owned 70 percent of the joint venture company.
This business leader with over four decades of fascinating exploration in biotechnology behind her has achieved many a milestone. While talking about Kiran Mazumdar-Shaw it shouldn’t be overlooked that Kiran lead Biocon to evolve from a company engaged in manufacturing of industrial enzymes to a fully integrated bio-pharmaceutical company with a rich portfolio of products.
Her company has forayed into the US biosimilars market, and according to Forbes, has sold 3 billion doses of insulin till July 2021. Through Biocon Sdn Bhd(Biocon’s subsidiary), Biocon has established Asia’s largest integrated insulin manufacturing and R&D facility in Malaysia, which took an investment of 300 million USD.
FAQs
She is known as a super successful businesswomanin biopharmaceuticals. She founded and leads India’s largest listed biopharmaceutical firm by revenue.
She founded Bicon and made it a global player in biopharmaceuticals.
You can go to Biocon’s website and send an e-mail to contact.us@biocon.com . If you are lucky, she may look into the letter and even respond too despite her super busy schedule.
She was born in Bengaluru, on 23rd March 1953. The age of Kiran Mazumdar-Shaw is 68 years.
Yes, she is an Indian woman.
