Known as India’s ‘Queen of Biotech’, Kiran Mazumdar-Shaw built Biocon from a rented garage almost 50 years ago. Today, her multibillion-dollar company is one of the world’s biggest producers of insulin, and a leading force in biosimilars. As she looks at handing over her life’s work to successors, Mazumdar-Shaw talks to Bloomberg’s Haslinda Amin about her pioneering journey as a female entrepreneur in India, her mission to deliver life-saving therapies to patients and what she believes India must do to tackle an AI future.
Chapters:
00:00:00 – Cold open intro
00:02:15 – Biocon’s profit model and mission to expand access to life-saving medicines
00:04:30 – Kiran Mazumdar-Shaw’s almost 50-year entrepreneurial journey with Biocon
00:07:12 – Mazumdar-Shaw’s vision of biotech sovereignty embedded in AI for India
00:10:31 – India’s reliance on Chinese key starting materials and APIs
00:13:20 – Biologics and cancer therapies
00:13:57 – GLP-1s and investment prospects
00:16:13 – Becoming the world’s No. 1 insulin producer
00:18:46 – Biocon campus tour and looking back to where Kiran Mazumdar-Shaw started
00:20:08 – Succession and legacy
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