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Kiran Mazumdar-Shaw

August 24, 2023

Kiran Mazumdar-Shaw (born 23 March 1953) is an Indian billionaire entrepreneur.[2] She is the executive chairperson and founder of Biocon Limited and Biocon Biologics Limited,[3] a biotechnology company based in Bangalore, India[4] and the former chairperson of Indian Institute of Management, Bangalore.[5] In 2014, she was awarded the Othmer Gold Medal for outstanding contributions to the progress of science and chemistry.[6][7][8][9][10] She was on the Financial Times 2011 top 50 women in business list.[11] In 2019, she was listed as the 68th most powerful woman in the world by Forbes.[12] She was named EY World Entrepreneur Of The Year 2020.[13] She was married to John Shaw.

Kiran Mazumdar-Shaw
Mazumdar-Shaw in 2014
Born
Kiran Mazumdar

(1953-03-23) 23 March 1953 (age 70)
Bangalore, Mysore State, India
Alma materBangalore University (B.Sc.)
Melbourne University (M.S.)
OccupationFounder & chairperson of Biocon
SpouseJohn Shaw[1]
AwardsOthmer Gold Medal (2014)

Early life and education

Kiran Mazumdar was born on 23 March 1953 in Bangalore, Karnataka state,[14] to Gujarati parents.[15] She was educated at Bangalore's Bishop Cotton Girl's High School, graduating in 1968. She then attended Mount Carmel College, Bangalore, a women's college offering pre-university courses as an affiliate of Bangalore University.[16] She studied biology and zoology, graduating from Bangalore University with a bachelor's degree in zoology in 1973.[17][18][19] Mazumdar hoped to go to medical school, but was not able to obtain a scholarship.[20]

Her father, Rasendra Mazumdar, was the head brewmaster at United Breweries.[21] He suggested that she study fermentation science, and train to be a brewmaster, a very non-traditional field for women.[20] Mazumdar went to Ballarat College, Melbourne University in Australia to study malting and brewing. In 1974, she was the only woman enrolled in the brewing course and topped in her class.[22] She earned the degree as master brewer in 1975.[23][18][22]

She worked as a trainee brewer in Carlton and United Breweries, Melbourne and as a trainee maltster at Barrett Brothers and Burston, Australia. She also worked for some time as a technical consultant at Jupiter Breweries Limited, Calcutta and as a technical manager at Standard Maltings Corporation, Baroda between 1975 and 1977.[18][24] However, when she investigated the possibility of advancing her career in Bangalore or Delhi, she was told that she could not be hired as a master brewer in India because "It's a man's work."[25]: 152–153  [26] She began to look abroad for opportunities and was offered a position in Scotland.[25]: 154 [27]: 108 

Biocon

External video
 
  "I managed to do things with a lot of common sense, a lot of determination, and a lot of foolish courage", Women in Chemistry, Science History Institute
  "Keep trying to find a differentiated model, don't just try to do what others are doing.... that's where innovation comes.", History Live, Science History Institute

Before Mazumdar could move, she met Leslie Auchincloss, the founder of Biocon Biochemicals Limited, of Cork, Ireland. Auchincloss's company produced enzymes for use in the brewing, food-packaging and textile industries. Auchincloss was looking for a partner in India to help establish an Indian subsidiary to supply him with Papain. Mazumdar agreed to undertake the job on the condition that if she did not wish to continue six months later she would be given a brewmaster's position comparable to the one she was giving up.[27]

Beginning with enzymes

After a brief period as a trainee manager at Biocon Biochemicals Limited, of Cork, Ireland, to learn more about the business, Kiran Mazumdar Shaw returned to India.[27] She started Biocon India in 1978 in the garage of her rented house in Bengaluru with a seed capital of Rs. 10,000.[28] Although it was a joint venture, Indian laws restricted foreign ownership to only 30% of the company, which meant that 70% of the company belonged to Kiran Mazumdar Shaw.[29]

Initially, she faced credibility challenges because of her youth, gender and her untested business model. She was unable to secure funding for her company at the early stages of her business. A chance meeting with a banker at a social event finally enabled her to get her first financial backing.[25][26][27] She also found it difficult to recruit people to work for her start-up, her first employee was a retired garage mechanic [20] and her first unit was in a nearby 3,000-square-foot shed.[25] The most complicated piece of equipment in her lab at that time was a spectrophotometer.[30] Moreover, she faced the technological challenges associated with trying to build a biotech business in a country with poor infrastructure.[25]: 156 [26]: 114  Uninterrupted power, good quality water, sterile labs, imported research equipment, and workers with advanced scientific skills were not easily available in India at that period of time.[31]

The company's initial projects were the extraction of papain (an enzyme from papaya used to tenderize meat) and isinglass (obtained from tropical catfish and used to clarify beer).[26] Within a year of its inception, Biocon India was able to manufacture enzymes and export them to the U.S. and Europe, the first Indian company to do so.[25] At the end of her first year, Mazumdar used her earnings to buy a 20-acre property with plans to expand in the future.[20]

Expanding into biopharmaceuticals

Mazumdar spearheaded Biocon's evolution from an industrial enzymes manufacturing company to a fully integrated bio-pharmaceutical company with a well-balanced business portfolio of products and a research focus on diabetes, oncology and auto-immune diseases.[32][33] She also established two subsidiaries: Syngene (1994) which provides early research and development support services on a contract basis and Clinigene (2000) which focuses on clinical research trials and the development of both generic and new medicines. Clinigene was later merged with Syngene. Syngene was listed on BSE/NSE in 2015 and has a current market cap of ₹23,000 crores.[24][25][26][27][34][35]

In 1984, Kiran began to develop a research and development team at Biocon, focusing on the discovery of novel enzymes and on development of novel techniques for solid substrate fermentation technology.[36] The company's first major expansion came in 1987, when Narayanan Vaghul of ICICI Ventures supported creation of a venture capital fund of US$250,000.[27] This money enabled Biocon to expand its research and development efforts. They built a new plant featuring proprietary solid substrate fermentation technology based on a semi-automated tray culture process, inspired by Japanese techniques.[25][27][36] In 1989, Biocon became the first Indian biotech company to receive U.S. funding for proprietary technologies.[25]

In 1990, Mazumdar incorporated Biocon Biopharmaceuticals Private Limited (BBLP) to manufacture and market a select range of biotherapeutics in a joint venture with the Cuban Center of Molecular Immunology.[25]

Establishing independence

Biocon Biochemicals of Ireland was acquired from Leslie Auchincloss by Unilever in 1989.[37]: 50  The partnership with Unilever helped Biocon to establish global best practices and quality systems.[30] In 1997, Unilever sold its specialty chemicals division, including Biocon, to Imperial Chemical Industries (ICI).[29] In 1998, Kiran Mazumdar's fiancée, Scotsman John Shaw, personally raised $2 million to purchase the outstanding Biocon shares from ICI.[27][38] The couple married in 1998, whereupon she became known as Kiran Mazumdar-Shaw. John Shaw left his position as chairman at Madura Coats to join Biocon.[39] He became Biocon's vice chairman in 2001.[20]

In 2004, after seeking the advice of Narayana Murthy, Mazumdar-Shaw decided to list Biocon on the stock market.[27] Her intent was to raise capital to further develop Biocon's research programs. Biocon was the first biotechnology company in India to issue an IPO.[25]: 159  Biocon's IPO was oversubscribed 33 times and its first day of trading closed with a market value of $1.11 billion,[25] making Biocon the second Indian company to cross the $1-billion mark on the first day of listing.[40]

Affordable innovation

Mazumdar-Shaw's belief in "affordable innovation" has always been a driving philosophy behind Biocon's expansion. Inspired by the need for affordable drugs in less-wealthy countries, she has looked for opportunities to develop cost-effective techniques and low-cost alternatives.[40][41] She has also proposed that drug companies be cost-sensitive in marketing to developing countries, so that people can afford the drugs they need, particularly chronic therapies.[25][41]

Mazumdar-Shaw noticed the market potential for statins (cholesterol fighting drugs) early on. When the patent of the cholesterol-lowering drug lovastatin expired in 2001, Biocon got involved in its development. Then the company expanded to other forms of statins. Part of her strategy was to enter into long-term supply contracts, establishing a dependable market base over time. Statins soon accounted for over 50 per cent of the company's revenue. The company's revenue went up from ₹70 crore in 1998, to ₹500 crore in 2004 when it went public.[40]

Biocon continues to expand into new areas. Yeast expression platforms offer a desirable alternative to mammalian cell cultures for the genetic manipulation of cells for use in a variety of drug treatments. Unicellular methylotrophic yeasts such as Pichia pastoris are used in the production of vaccines, antibody fragments, hormones, cytokines, matrix proteins, and biosimilars.[42]

Biocon's major areas of research now include cancer, diabetes, and other auto-immune diseases such as rheumatoid arthritis and psoriasis.[27][43] Because of the high percentage of people in India who chew betel or tobacco, India accounts for eighty-six per cent of oral cancer in the world, known locally as "cancer cheek".[44][45] Diabetes is prevalent, and people who do not wear shoes are at risk to have a minor scrape or injury develop into gangrene, or "diabetes foot".[44][45] Biocon is also working on drugs to treat psoriasis, a skin pigment disease.[44]

Bio-pharmaceuticals developed by the company include Pichia-derived recombinant human insulin and insulin analogs for diabetes, an anti-EGFR monoclonal antibody for head and neck cancer, and a biologic for psoriasis.[41] Biocon is Asia's largest insulin producer,[46] and has the largest perfusion-based antibody production facilities.[47]

As of 2014, Biocon directed about 10% of its revenue into research and development, a much higher proportion than most Indian pharmacological companies.[48] Biocon has filed at least 950 patent applications based on its research activity.[48] Mazumdar-Shaw has remained actively engaged in acquisitions, partnerships and in-licensing in the pharmaceuticals and bio-pharmaceutical areas, entering into more than 2,200 high-value R&D licensing and other deals between 2005 and 2010.[40]

Philanthropic activities

In 2004, Mazumdar-Shaw started a corporate social responsibility wing at Biocon, the Biocon Foundation. The Foundation focuses on health, education and infrastructure, especially in rural areas of Karnataka which lack healthcare facilities.[40]

Mazumdar-Shaw dislikes the term "philanthropy", believing that it often provides temporary fixes rather than addressing the root cause or the underlying situation.[44] She prefers the term "compassionate capitalist", believing that properly applied business models can provide an ongoing foundation for sustainable social progress. Mazumdar once said, "Innovation and commerce are as powerful tools for creating social progress as they are for driving technological advancement. When they are put to use for social progress, the implementation is a lot cheaper, a lot more people benefit, and the effect is more lasting."[49] In 2015, she joined The Giving Pledge, promising that at least half of her wealth will be dedicated to philanthropy.[50]

Health

Rural areas in India are estimated to have only one doctor for every two thousand people, it is estimated that 70 million people do not have the money to pay for a doctor's visit or for medicine.[51] The Biocon Foundation is involved in numerous health and education outreach programs to benefit the economically weaker sections of Indian society.[40]

Arogya Raksha Yojana

With Devi Shetty of Narayana Hrudayalaya Hospital, Mazumdar-Shaw has supported the development of Arogya Raksha Yojana (Health Protection Program/Health Help).[26] Through this program Biocon Foundation establishes clinics to offer clinical care, generic medicines and basic tests for those who cannot afford them.[49][52] As of 2010, seven clinics each served a population of 50,000 patients living within a radius of 10 km, treating in total more than 3,00,000 people per year.[24] Clinics organize regular general health checks in remote villages by bringing in physicians and doctors from network hospitals. To improve early detection of cancer, they have trained young women as community health workers, using smartphones to send photographs of suspicious lesions to oncologists at the cancer center.[45][53] Public health campaigns such as "Queen of Heart" educate people about specific health issues and promote early detection of problems such as cardiovascular diseases.[54]

The clinics operate based on a model of micro-financed health insurance.[26] Biocon provides low-cost drugs, making a negligible profit on a unit basis, but an overall profit on volume due to the participation of large numbers of people.[51] Clinics also use a "subsidised convenience" pricing plan, under which more wealthy patrons pay full price in return for the convenience of scheduling their visits and procedures at desirable times, while poorer patients can obtain cheap or even free services by choosing less desirable times.[49] Doctors and researchers look for opportunities to use cutting-edge technology in ways that will drive down costs and ensure quality of service.[51]

Mazumdar-Shaw Medical Foundation

The death of her best friend, Nilima Rovshen, and the illnesses of her husband and her mother with cancer, have motivated Mazumdar-Shaw to support cancer research and treatment.[1] In 2009, she established a 1,400-bed cancer care center, the Mazumdar-Shaw Medical Foundation, at the Narayana Health City campus in Bangalore, collaborating with Devi Shetty of Narayana Hrudayalaya.[55] In 2011, she added a center for advanced therapeutics with a bone marrow transplant unit and a research center.[56] Her goal is to create a world-class cancer center.[44][45]

Mazumdar Shaw Medical Foundation is a non-profit organization and has two arms to support its cause, which are Mazumdar Shaw Center for Translational Research and Mazumdar Shaw Cancer outreach program.

Education

In collaboration with McMillan India Limited and teacher Prathima Rao, Mazumdar-Shaw has supported development and use of a basic mathematics textbook, introduced in Kannada schools in 2006.[27]: 117 [57]

She funded a multi-year research program by creating the Biocon Cell for Innovation Management with Prasad kaipa at the Indian School of Business in 2009.[58][59]

Infrastructure

Mazumdar-Shaw speaks about the importance of improving India's infrastructure,[26]: 112 [60] emphasizing the need to address issues such as efficient governance, job creation, and food, water, and health insecurity.[61]

Biocon, Infosys and other companies have had a significant impact on Bengaluru. These companies attract many scientists who would otherwise go overseas. Once a "pensioner's paradise", Bangalore is now called "the best urban working environment in India".[62] Biocon Park, built in 2005, is a ninety-acre campus with five thousand employees. Outside the developed city, however, infrastructure is still poor.[44]

Mazumdar-Shaw is a proponent of good government and infrastructure. She supported the Bangalore Agenda Task Force, an initiative of S. M. Krishna and Nandan Nilekani to improve the city's infrastructure and standard of living.[62][63] Mazumdar-Shaw is part of the Bangalore City Connect Foundation, a non-profit trust for discussion of civic issues, involving both urban stakeholders and the government. Mazumdar-Shaw is actively engaged in urban reform, partnering with Jana Urban Space Foundation and local government to improve roads.[63] She is also involved in the Bangalore Political Action Committee (B.PAC), which reviews and recommends candidates running in elections.[64][65]

After the 2009 flood, Biocon, Infosys and Wipro all committed to rebuilding homes for flood victims in north Karnataka. Biocon committed to building 3,000 houses at a cost of Rs 30 crore.[66][67]

Board memberships

Mazumdar-Shaw is a member of the board of governors of the Indian School of Business,[68] a term member on the board of MIT, USA till 2023, and a past member of the board of governors of the Indian Institute of Technology Hyderabad.[69]

 
Dr Kiran Mazumdar-Shaw, Chairperson, Board of Governors, IIMB, with Shah Rukh Khan during IIMBUE 2015 on Dec 11

As of February 2014, Mazumdar-Shaw became the first woman to head the board of governors of the Indian Institute of Management Bangalore (IIMB).[70][71][72]

She is an independent director on the board of Infosys.[73] She is also a member of the General Body of Maharashtra State Innovation Society. She is also a member of the advisory board of the MIT Jameel Clinic.[74]

Awards and honours

 
Mazumdar-Shaw with the Othmer Gold Medal, 2014

As of 2010, Mazumdar-Shaw was named among TIME magazine's 100 most influential people in the world.[75] She is on the 2011 Financial Times’ top 50 women in business list.[11] As of 2014, she was listed as the 92nd most powerful woman in the world by Forbes.[76] In 2015, she had risen to 85th in the Forbes ranking.[12] She was voted global Indian of the year by Pharma Leaders Magazine in 2012.[77]

She was placed #14th in the Hurun India Philanthropy List 2019 for a donation of ₹72 crore (US$9 million) and was ranked #2 in the list of Women Philanthropist of 2019, by the Hurun Report India Philanthropy List 2019.[78]

International awards

Mazumdar-Shaw is the recipient of several international awards including the Othmer Gold Medal (2014) for outstanding contributions to the progress of science and chemistry,[6] the Nikkei Asia Prize (2009) for regional growth,[79][80][81] the ‘Veuve Clicquot Initiative For Economic Development For Asia' Award (2007),[82] Ernst & Young Entrepreneur of the Year Award for Life Sciences & Healthcare (2002),[83] and 'Technology Pioneer' recognition by World Economic Forum (2002). In May 2015 Federation University Australia (formerly the University of Ballarat) named a road in its Mt Helen campus as Mazumdar Drive. Kiran and Shaw attended the opening ceremony.[84] She was elected as a member of the United States National Academy of Engineering (NAE) in 2019 for the development of affordable biopharmaceuticals and the biotechnology industry in India.[85] She is the first Indian woman to get this honor.[86] In January 2020, Kiran became the fourth Indian citizen to be honoured with Australia's highest civilian honour.[87]

Indian awards

Her work in the biotechnology sector has earned her numerous national awards, including the Padma Shri (1989) and the Padma Bhushan (2005) from the government of India.[48][84] She was given the Economic Times Award for 'Businesswoman of the Year' in 2004.[88] At the Pharmaleaders Pharmaceutical Leadership Summit she was named "Global Indian Woman of the Year" (2012);[89][90] she also received the Express Pharmaceutical Leadership Summit Award for "Dynamic Entrepreneur" in 2009.[48] The Indian Merchants' Chamber Diamond Jubilee Endowment Trust's Eminent Businessperson of the Year Award was presented to Kiran Mazumdar-Shaw in 2006 by the Governor of Maharashtra, S. M. Krishna.[91] She has also received the Indian Chamber of Commerce Lifetime Achievement Award (2005),[92] the 'Corporate Leadership Award' by the American India Foundation (2005).[93][94] and the Karnataka Rajyotsava Award (2002).[48][95] She was honoured with the H.K. Firodia Lifetime Achievement Award 2022 for her contributions to science and technology (2022).[96]

Honorary degrees

Mazumdar-Shaw received an honorary doctorate from her alma mater, Ballarat University in 2004, in recognition of her contributions to biotechnology.[22] She has been awarded honorary doctorates from the University of Abertay, Dundee, UK (2007),[97] the University of Glasgow, UK (2008), Heriot-Watt University, Edinburgh, UK (2008) and University College Cork, Ireland (2012).[98] She received an honorary doctorate from Davangere University, India, at its first convocation, July 2013, in recognition of her contribution in the field of biotechnology.[99]

Personal

Kiran Mazumdar Shaw was married to John Shaw who passed away on 24 October 2022.[100][101]

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Sources

External links

 
Wikimedia Commons has media related to Kiran Mazumdar-Shaw.

August 24, 2023
kiran, mazumdar, shaw, born, march, 1953, indian, billionaire, entrepreneur, executive, chairperson, founder, biocon, limited, biocon, biologics, limited, biotechnology, company, based, bangalore, india, former, chairperson, indian, institute, management, bang. Kiran Mazumdar Shaw born 23 March 1953 is an Indian billionaire entrepreneur 2 She is the executive chairperson and founder of Biocon Limited and Biocon Biologics Limited 3 a biotechnology company based in Bangalore India 4 and the former chairperson of Indian Institute of Management Bangalore 5 In 2014 she was awarded the Othmer Gold Medal for outstanding contributions to the progress of science and chemistry 6 7 8 9 10 She was on the Financial Times 2011 top 50 women in business list 11 In 2019 she was listed as the 68th most powerful woman in the world by Forbes 12 She was named EY World Entrepreneur Of The Year 2020 13 She was married to John Shaw Kiran Mazumdar ShawMazumdar Shaw in 2014BornKiran Mazumdar 1953 03 23 23 March 1953 age 70 Bangalore Mysore State IndiaAlma materBangalore University B Sc Melbourne University M S OccupationFounder amp chairperson of BioconSpouseJohn Shaw 1 AwardsOthmer Gold Medal 2014 Contents 1 Early life and education 2 Biocon 2 1 Beginning with enzymes 2 2 Expanding into biopharmaceuticals 2 3 Establishing independence 2 4 Affordable innovation 3 Philanthropic activities 3 1 Health 3 1 1 Arogya Raksha Yojana 3 1 2 Mazumdar Shaw Medical Foundation 3 2 Education 3 3 Infrastructure 4 Board memberships 5 Awards and honours 5 1 International awards 5 2 Indian awards 5 3 Honorary degrees 6 Personal 7 References 7 1 Sources 8 External linksEarly life and education EditKiran Mazumdar was born on 23 March 1953 in Bangalore Karnataka state 14 to Gujarati parents 15 She was educated at Bangalore s Bishop Cotton Girl s High School graduating in 1968 She then attended Mount Carmel College Bangalore a women s college offering pre university courses as an affiliate of Bangalore University 16 She studied biology and zoology graduating from Bangalore University with a bachelor s degree in zoology in 1973 17 18 19 Mazumdar hoped to go to medical school but was not able to obtain a scholarship 20 Her father Rasendra Mazumdar was the head brewmaster at United Breweries 21 He suggested that she study fermentation science and train to be a brewmaster a very non traditional field for women 20 Mazumdar went to Ballarat College Melbourne University in Australia to study malting and brewing In 1974 she was the only woman enrolled in the brewing course and topped in her class 22 She earned the degree as master brewer in 1975 23 18 22 She worked as a trainee brewer in Carlton and United Breweries Melbourne and as a trainee maltster at Barrett Brothers and Burston Australia She also worked for some time as a technical consultant at Jupiter Breweries Limited Calcutta and as a technical manager at Standard Maltings Corporation Baroda between 1975 and 1977 18 24 However when she investigated the possibility of advancing her career in Bangalore or Delhi she was told that she could not be hired as a master brewer in India because It s a man s work 25 152 153 26 She began to look abroad for opportunities and was offered a position in Scotland 25 154 27 108 Biocon EditExternal video I managed to do things with a lot of common sense a lot of determination and a lot of foolish courage Women in Chemistry Science History Institute Keep trying to find a differentiated model don t just try to do what others are doing that s where innovation comes History Live Science History InstituteBefore Mazumdar could move she met Leslie Auchincloss the founder of Biocon Biochemicals Limited of Cork Ireland Auchincloss s company produced enzymes for use in the brewing food packaging and textile industries Auchincloss was looking for a partner in India to help establish an Indian subsidiary to supply him with Papain Mazumdar agreed to undertake the job on the condition that if she did not wish to continue six months later she would be given a brewmaster s position comparable to the one she was giving up 27 Beginning with enzymes Edit After a brief period as a trainee manager at Biocon Biochemicals Limited of Cork Ireland to learn more about the business Kiran Mazumdar Shaw returned to India 27 She started Biocon India in 1978 in the garage of her rented house in Bengaluru with a seed capital of Rs 10 000 28 Although it was a joint venture Indian laws restricted foreign ownership to only 30 of the company which meant that 70 of the company belonged to Kiran Mazumdar Shaw 29 Initially she faced credibility challenges because of her youth gender and her untested business model She was unable to secure funding for her company at the early stages of her business A chance meeting with a banker at a social event finally enabled her to get her first financial backing 25 26 27 She also found it difficult to recruit people to work for her start up her first employee was a retired garage mechanic 20 and her first unit was in a nearby 3 000 square foot shed 25 The most complicated piece of equipment in her lab at that time was a spectrophotometer 30 Moreover she faced the technological challenges associated with trying to build a biotech business in a country with poor infrastructure 25 156 26 114 Uninterrupted power good quality water sterile labs imported research equipment and workers with advanced scientific skills were not easily available in India at that period of time 31 The company s initial projects were the extraction of papain an enzyme from papaya used to tenderize meat and isinglass obtained from tropical catfish and used to clarify beer 26 Within a year of its inception Biocon India was able to manufacture enzymes and export them to the U S and Europe the first Indian company to do so 25 At the end of her first year Mazumdar used her earnings to buy a 20 acre property with plans to expand in the future 20 Expanding into biopharmaceuticals Edit Mazumdar spearheaded Biocon s evolution from an industrial enzymes manufacturing company to a fully integrated bio pharmaceutical company with a well balanced business portfolio of products and a research focus on diabetes oncology and auto immune diseases 32 33 She also established two subsidiaries Syngene 1994 which provides early research and development support services on a contract basis and Clinigene 2000 which focuses on clinical research trials and the development of both generic and new medicines Clinigene was later merged with Syngene Syngene was listed on BSE NSE in 2015 and has a current market cap of 23 000 crores 24 25 26 27 34 35 In 1984 Kiran began to develop a research and development team at Biocon focusing on the discovery of novel enzymes and on development of novel techniques for solid substrate fermentation technology 36 The company s first major expansion came in 1987 when Narayanan Vaghul of ICICI Ventures supported creation of a venture capital fund of US 250 000 27 This money enabled Biocon to expand its research and development efforts They built a new plant featuring proprietary solid substrate fermentation technology based on a semi automated tray culture process inspired by Japanese techniques 25 27 36 In 1989 Biocon became the first Indian biotech company to receive U S funding for proprietary technologies 25 In 1990 Mazumdar incorporated Biocon Biopharmaceuticals Private Limited BBLP to manufacture and market a select range of biotherapeutics in a joint venture with the Cuban Center of Molecular Immunology 25 Establishing independence Edit Biocon Biochemicals of Ireland was acquired from Leslie Auchincloss by Unilever in 1989 37 50 The partnership with Unilever helped Biocon to establish global best practices and quality systems 30 In 1997 Unilever sold its specialty chemicals division including Biocon to Imperial Chemical Industries ICI 29 In 1998 Kiran Mazumdar s fiancee Scotsman John Shaw personally raised 2 million to purchase the outstanding Biocon shares from ICI 27 38 The couple married in 1998 whereupon she became known as Kiran Mazumdar Shaw John Shaw left his position as chairman at Madura Coats to join Biocon 39 He became Biocon s vice chairman in 2001 20 In 2004 after seeking the advice of Narayana Murthy Mazumdar Shaw decided to list Biocon on the stock market 27 Her intent was to raise capital to further develop Biocon s research programs Biocon was the first biotechnology company in India to issue an IPO 25 159 Biocon s IPO was oversubscribed 33 times and its first day of trading closed with a market value of 1 11 billion 25 making Biocon the second Indian company to cross the 1 billion mark on the first day of listing 40 Affordable innovation Edit Mazumdar Shaw s belief in affordable innovation has always been a driving philosophy behind Biocon s expansion Inspired by the need for affordable drugs in less wealthy countries she has looked for opportunities to develop cost effective techniques and low cost alternatives 40 41 She has also proposed that drug companies be cost sensitive in marketing to developing countries so that people can afford the drugs they need particularly chronic therapies 25 41 Mazumdar Shaw noticed the market potential for statins cholesterol fighting drugs early on When the patent of the cholesterol lowering drug lovastatin expired in 2001 Biocon got involved in its development Then the company expanded to other forms of statins Part of her strategy was to enter into long term supply contracts establishing a dependable market base over time Statins soon accounted for over 50 per cent of the company s revenue The company s revenue went up from 70 crore in 1998 to 500 crore in 2004 when it went public 40 Biocon continues to expand into new areas Yeast expression platforms offer a desirable alternative to mammalian cell cultures for the genetic manipulation of cells for use in a variety of drug treatments Unicellular methylotrophic yeasts such as Pichia pastoris are used in the production of vaccines antibody fragments hormones cytokines matrix proteins and biosimilars 42 Biocon s major areas of research now include cancer diabetes and other auto immune diseases such as rheumatoid arthritis and psoriasis 27 43 Because of the high percentage of people in India who chew betel or tobacco India accounts for eighty six per cent of oral cancer in the world known locally as cancer cheek 44 45 Diabetes is prevalent and people who do not wear shoes are at risk to have a minor scrape or injury develop into gangrene or diabetes foot 44 45 Biocon is also working on drugs to treat psoriasis a skin pigment disease 44 Bio pharmaceuticals developed by the company include Pichia derived recombinant human insulin and insulin analogs for diabetes an anti EGFR monoclonal antibody for head and neck cancer and a biologic for psoriasis 41 Biocon is Asia s largest insulin producer 46 and has the largest perfusion based antibody production facilities 47 As of 2014 Biocon directed about 10 of its revenue into research and development a much higher proportion than most Indian pharmacological companies 48 Biocon has filed at least 950 patent applications based on its research activity 48 Mazumdar Shaw has remained actively engaged in acquisitions partnerships and in licensing in the pharmaceuticals and bio pharmaceutical areas entering into more than 2 200 high value R amp D licensing and other deals between 2005 and 2010 40 Philanthropic activities EditIn 2004 Mazumdar Shaw started a corporate social responsibility wing at Biocon the Biocon Foundation The Foundation focuses on health education and infrastructure especially in rural areas of Karnataka which lack healthcare facilities 40 Mazumdar Shaw dislikes the term philanthropy believing that it often provides temporary fixes rather than addressing the root cause or the underlying situation 44 She prefers the term compassionate capitalist believing that properly applied business models can provide an ongoing foundation for sustainable social progress Mazumdar once said Innovation and commerce are as powerful tools for creating social progress as they are for driving technological advancement When they are put to use for social progress the implementation is a lot cheaper a lot more people benefit and the effect is more lasting 49 In 2015 she joined The Giving Pledge promising that at least half of her wealth will be dedicated to philanthropy 50 Health Edit Rural areas in India are estimated to have only one doctor for every two thousand people it is estimated that 70 million people do not have the money to pay for a doctor s visit or for medicine 51 The Biocon Foundation is involved in numerous health and education outreach programs to benefit the economically weaker sections of Indian society 40 Arogya Raksha Yojana Edit With Devi Shetty of Narayana Hrudayalaya Hospital Mazumdar Shaw has supported the development of Arogya Raksha Yojana Health Protection Program Health Help 26 Through this program Biocon Foundation establishes clinics to offer clinical care generic medicines and basic tests for those who cannot afford them 49 52 As of 2010 seven clinics each served a population of 50 000 patients living within a radius of 10 km treating in total more than 3 00 000 people per year 24 Clinics organize regular general health checks in remote villages by bringing in physicians and doctors from network hospitals To improve early detection of cancer they have trained young women as community health workers using smartphones to send photographs of suspicious lesions to oncologists at the cancer center 45 53 Public health campaigns such as Queen of Heart educate people about specific health issues and promote early detection of problems such as cardiovascular diseases 54 The clinics operate based on a model of micro financed health insurance 26 Biocon provides low cost drugs making a negligible profit on a unit basis but an overall profit on volume due to the participation of large numbers of people 51 Clinics also use a subsidised convenience pricing plan under which more wealthy patrons pay full price in return for the convenience of scheduling their visits and procedures at desirable times while poorer patients can obtain cheap or even free services by choosing less desirable times 49 Doctors and researchers look for opportunities to use cutting edge technology in ways that will drive down costs and ensure quality of service 51 Mazumdar Shaw Medical Foundation Edit The death of her best friend Nilima Rovshen and the illnesses of her husband and her mother with cancer have motivated Mazumdar Shaw to support cancer research and treatment 1 In 2009 she established a 1 400 bed cancer care center the Mazumdar Shaw Medical Foundation at the Narayana Health City campus in Bangalore collaborating with Devi Shetty of Narayana Hrudayalaya 55 In 2011 she added a center for advanced therapeutics with a bone marrow transplant unit and a research center 56 Her goal is to create a world class cancer center 44 45 Mazumdar Shaw Medical Foundation is a non profit organization and has two arms to support its cause which are Mazumdar Shaw Center for Translational Research and Mazumdar Shaw Cancer outreach program Education Edit In collaboration with McMillan India Limited and teacher Prathima Rao Mazumdar Shaw has supported development and use of a basic mathematics textbook introduced in Kannada schools in 2006 27 117 57 She funded a multi year research program by creating the Biocon Cell for Innovation Management with Prasad kaipa at the Indian School of Business in 2009 58 59 Infrastructure Edit Mazumdar Shaw speaks about the importance of improving India s infrastructure 26 112 60 emphasizing the need to address issues such as efficient governance job creation and food water and health insecurity 61 Biocon Infosys and other companies have had a significant impact on Bengaluru These companies attract many scientists who would otherwise go overseas Once a pensioner s paradise Bangalore is now called the best urban working environment in India 62 Biocon Park built in 2005 is a ninety acre campus with five thousand employees Outside the developed city however infrastructure is still poor 44 Mazumdar Shaw is a proponent of good government and infrastructure She supported the Bangalore Agenda Task Force an initiative of S M Krishna and Nandan Nilekani to improve the city s infrastructure and standard of living 62 63 Mazumdar Shaw is part of the Bangalore City Connect Foundation a non profit trust for discussion of civic issues involving both urban stakeholders and the government Mazumdar Shaw is actively engaged in urban reform partnering with Jana Urban Space Foundation and local government to improve roads 63 She is also involved in the Bangalore Political Action Committee B PAC which reviews and recommends candidates running in elections 64 65 After the 2009 flood Biocon Infosys and Wipro all committed to rebuilding homes for flood victims in north Karnataka Biocon committed to building 3 000 houses at a cost of Rs 30 crore 66 67 Board memberships EditMazumdar Shaw is a member of the board of governors of the Indian School of Business 68 a term member on the board of MIT USA till 2023 and a past member of the board of governors of the Indian Institute of Technology Hyderabad 69 Dr Kiran Mazumdar Shaw Chairperson Board of Governors IIMB with Shah Rukh Khan during IIMBUE 2015 on Dec 11As of February 2014 Mazumdar Shaw became the first woman to head the board of governors of the Indian Institute of Management Bangalore IIMB 70 71 72 She is an independent director on the board of Infosys 73 She is also a member of the General Body of Maharashtra State Innovation Society She is also a member of the advisory board of the MIT Jameel Clinic 74 Awards and honours Edit Mazumdar Shaw with the Othmer Gold Medal 2014As of 2010 Mazumdar Shaw was named among TIME magazine s 100 most influential people in the world 75 She is on the 2011 Financial Times top 50 women in business list 11 As of 2014 she was listed as the 92nd most powerful woman in the world by Forbes 76 In 2015 she had risen to 85th in the Forbes ranking 12 She was voted global Indian of the year by Pharma Leaders Magazine in 2012 77 She was placed 14th in the Hurun India Philanthropy List 2019 for a donation of 72 crore US 9 million and was ranked 2 in the list of Women Philanthropist of 2019 by the Hurun Report India Philanthropy List 2019 78 International awards Edit Mazumdar Shaw is the recipient of several international awards including the Othmer Gold Medal 2014 for outstanding contributions to the progress of science and chemistry 6 the Nikkei Asia Prize 2009 for regional growth 79 80 81 the Veuve Clicquot Initiative For Economic Development For Asia Award 2007 82 Ernst amp Young Entrepreneur of the Year Award for Life Sciences amp Healthcare 2002 83 and Technology Pioneer recognition by World Economic Forum 2002 In May 2015 Federation University Australia formerly the University of Ballarat named a road in its Mt Helen campus as Mazumdar Drive Kiran and Shaw attended the opening ceremony 84 She was elected as a member of the United States National Academy of Engineering NAE in 2019 for the development of affordable biopharmaceuticals and the biotechnology industry in India 85 She is the first Indian woman to get this honor 86 In January 2020 Kiran became the fourth Indian citizen to be honoured with Australia s highest civilian honour 87 Indian awards Edit Her work in the biotechnology sector has earned her numerous national awards including the Padma Shri 1989 and the Padma Bhushan 2005 from the government of India 48 84 She was given the Economic Times Award for Businesswoman of the Year in 2004 88 At the Pharmaleaders Pharmaceutical Leadership Summit she was named Global Indian Woman of the Year 2012 89 90 she also received the Express Pharmaceutical Leadership Summit Award for Dynamic Entrepreneur in 2009 48 The Indian Merchants Chamber Diamond Jubilee Endowment Trust s Eminent Businessperson of the Year Award was presented to Kiran Mazumdar Shaw in 2006 by the Governor of Maharashtra S M Krishna 91 She has also received the Indian Chamber of Commerce Lifetime Achievement Award 2005 92 the Corporate Leadership Award by the American India Foundation 2005 93 94 and the Karnataka Rajyotsava Award 2002 48 95 She was honoured with the H K Firodia Lifetime Achievement Award 2022 for her contributions to science and technology 2022 96 Honorary degrees Edit Mazumdar Shaw received an honorary doctorate from her alma mater Ballarat University in 2004 in recognition of her contributions to biotechnology 22 She has been awarded honorary doctorates from the University of Abertay Dundee UK 2007 97 the University of Glasgow UK 2008 Heriot Watt University Edinburgh UK 2008 and University College Cork Ireland 2012 98 She received an honorary doctorate from Davangere University India at its first convocation July 2013 in recognition of her contribution in the field of biotechnology 99 Personal EditKiran Mazumdar Shaw was married to John Shaw who passed away on 24 October 2022 100 101 References Edit a b How Biocon s Kiran Mazumdar Shaw battled cancer plaguing her husband amp best friend The Economic Times Economictimes indiatimes com 24 April 2014 Retrieved 3 August 2014 Srikar Muthyala 29 September 2015 The List of Great Entrepreneurs of India in 2015 MyBTechLife Archived from the original on 14 January 2016 Kiran Mazumdar Shaw Executive Chairperson Biocon 11 May 2020 Retrieved 16 June 2021 Start up stories Kiran Mazumdar Shaw BBC News 11 April 2011 Retrieved 5 March 2013 Kiran Mazumdar Shaw replaces Mukesh Ambani as IIM Bangalore chairperson Financial Express 19 February 2014 Retrieved 3 August 2014 a b Othmer Gold Medal Science History Institute Retrieved 12 June 2014 Dr Kiran Mazumdar first Indian to receive Othmer Gold Medal 2014 BioSpectrum 16 May 2014 Archived from the original on 19 May 2014 Retrieved 12 June 2014 Laranang Mutlu Theresa 16 May 2014 USP Congratulates Kiran Mazumdar Shaw Recipient of 2014 Othmer Gold Medal U S Pharmacopeial Convention Archived from the original on 2 June 2014 Retrieved 12 June 2014 Biocon chief Kiran Mazumdar Shaw receives Othmer Gold Medal 2014 The Economic Times 19 May 2014 Retrieved 12 June 2014 Gussman Neil 19 May 2014 CHF Presents Awards to Innovators from Around the World at Heritage Day 2014 MarketWatch The Wall Street Journal Retrieved 12 June 2014 a b Women at the Top 37 Kiran Mazumdar Shaw Financial Times 15 November 2011 Retrieved 29 June 2014 a b World s Most Powerful Women Forbes Retrieved 13 December 2019 Avik Das 6 June 2020 Kiran Mazumdar Shaw wins EY World Entrepreneur award Times of India The Times of India Retrieved 23 March 2021 Kiran Mazumdar Shaw Biography amp Facts Encyclopedia Britannica Retrieved 29 January 2019 Bengal too safe for start ups Retrieved 21 December 2020 Dr Kiran Mazumdar Shaw Who Am I By Meet Kamani sites google com Retrieved 20 May 2020 Manjunath V S Nagendra S 2010 Entrepreneurship and Management India Pearson Education p 154 ISBN 9788131732502 Retrieved 16 September 2014 a b c Kiran Mazumdar Shaw World Economic Forum Retrieved 16 September 2014 She did not receive a M Sc or Ph D in 1973 She has been given a number of honorary degrees since then a b c d e Kiran Mazumdar Shaw Science History Institute 29 June 2016 Retrieved 20 March 2018 Breaking myths This is how Kiran Mazumdar Shaw started Biocon India India Today 13 July 2016 Retrieved 20 May 2020 a b c Campbell Di Dr Kiran MAZUMDAR SHAW Brewer and biotechnologist BCAE Student 1974 Recipient of a University of Ballarat Honorary Doctorate 2004 Federation University Australia Archived from the original on 17 September 2014 Retrieved 17 September 2014 Key Management Team Profile of Kiran Mazumdar Shaw Biocon Archived from the original on 20 June 2014 Retrieved 3 August 2014 a b c Biocon Annual Report 2010 Biocon Archived from the original on 7 August 2014 Retrieved 3 August 2014 a b c d e f g h i j k l m Krishnan Janaki 2013 Breaking barriers success stories of India s leading businesswomen Ahmedabad Jaico Pub House ISBN 978 81 8495 395 4 a b c d e f g h Pota Vikas 2010 India Inc How India s Top Ten Entrepreneurs are Winning Globally London Boston Nicholas Brealey Publishing p 103 ISBN 978 1 85788 524 8 a b c d e f g h i j k Leading Sudha 2010 Leading ladies women who inspire India 1st ed Mumbai Fortytwo Bookz Galaxy ISBN 978 81 908411 8 4 800 million biotech business started in a garage CNN 15 November 2012 Retrieved 10 January 2013 a b Big Shot in Bengaluru Forbes 18 October 2004 Retrieved 18 September 2014 a b History Live Building a Global Biotech Enterprise Science History Institute 23 May 2014 Retrieved 20 March 2018 Quiz India s mother of invention CNN Asia 28 November 2008 Retrieved 22 September 2014 Need To Change Mindset Kiran Mazumdar Shaw Bloomberg TV Power Women 92 Kiran Mazumdar Shaw Forbes October 2013 Balasubramanian S 2007 The art of business leadership Indian experiences Los Angeles Response Books ISBN 978 0 7619 3587 2 Syngene Intl Share Price Syngene Intl Stock Price Syngene International Ltd Stock Price Share Price Live BSE NSE Syngene International Ltd Bids Offers Buy Sell Syngene International Ltd news amp tips amp F amp O Quotes NSE BSE Forecast News and Live Quotes www moneycontrol com Retrieved 23 May 2020 a b Ghose T K Ghosh P 2003 Biotechnology in India Berlin Springer ISBN 978 3 540 00563 6 Retrieved 18 September 2014 Fernando A C 2009 Business Ethics An Indian Perspective Chennai Prentice Hall ISBN 978 8131711736 Retrieved 18 September 2014 Hiscock Geoff 2008 India s global wealth club the stunning rise of its billionaires and the secrets of their success Hoboken N J Wiley p 226 ISBN 978 0 470 82238 8 Retrieved 18 September 2014 Amarnath Nischinta Ghosh Debashish 2005 The voyage to excellence the ascent of 21 women leaders of India Inc Delhi Pustak Mahal p 67 ISBN 978 8122309041 Retrieved 18 September 2014 a b c d e f India Biocon Estudio AGML Retrieved 18 September 2014 a b c Weidmann Bhavana 4 January 2014 Healthcare Innovation An Interview with Dr Kiran Mazumdar Shaw Scitable by Nature Education Retrieved 22 September 2014 Rios Maribel 1 June 2012 A Decade of Microbial Fermentation BioProcess International Retrieved 22 September 2014 Biocon to launch psoriasis drug novel biologic in July The Indian Express 28 April 2013 Retrieved 24 September 2014 a b c d e f Levy Ariel 2 January 2012 Drug Test Can one self made woman reform health care for India and the world The New Yorker Retrieved 23 September 2014 a b c d Raghunathan Anuradha 10 June 2013 Heroes Of Philanthropy Kiran Mazumdar Shaw s Affordable Health Care Legacy Forbes Asia Retrieved 17 September 2014 KGI Welcomes India s Leading Biotech Executive Keck Graduate Institute 11 June 2010 Archived from the original on 24 September 2014 Retrieved 22 September 2014 A Woman s Dream Come True Interview PDF Asia Pacific Biotech News 11 14 1011 1015 2007 Archived from the original PDF on 31 August 2021 Retrieved 22 September 2014 a b c d e Singh Pritam Bhandarker Asha 2011 In search of Change Maestros Los Angeles Sage p 402 ISBN 9788132105862 Retrieved 17 September 2014 a b c Read Stuart Wiltbank Robert February 2013 HEALTHY CHANGE How one social entrepreneur creates progress and profits British Airways Business Life Retrieved 23 September 2014 Kiran Mazumdar Shaw Herbert and Nicole Wertheim Join Giving Pledge Philanthropy News Digest 17 December 2015 Retrieved 4 February 2016 a b c Kamdar Mira 2008 Planet India the turbulent rise of the world s largest democracy Paperback ed London Pocket pp 253 260 ISBN 978 1 84739 077 6 Retrieved 23 September 2014 Arogya Raksha Yojana Trust Retrieved 23 September 2014 Biocon Foundation Social impact through sustainable community development Biospectrum 22 October 2013 Archived from the original on 9 November 2013 Retrieved 24 September 2014 Biocon puts the spotlight on heart disease in women via Queen of Heart campaign PharmaBiz com 1 August 2013 Archived from the original on 24 August 2013 Retrieved 23 September 2014 500 bed Mazumdar Shaw Cancer Centre provides hope The Times of India 18 July 2009 Retrieved 23 September 2014 New facility opened at Bangalore s Mazumdar Shaw Cancer Center DNA India 7 May 2011 Retrieved 23 September 2014 Biocon Foundation Launches Chinnara Ganitha Biocon Foundation 21 September 2006 Archived from the original on 4 March 2016 Retrieved 24 September 2014 Biocon to invest in cell for innovation at ISB Business Line 9 June 2009 Retrieved 23 September 2014 Panthry Pallavee Dhaundiyal 14 June 2009 Biocon helps ISB students bring home the bacon The Economic Times Retrieved 23 September 2014 Dr Kiran Mazumdar Shaw inaugurating MBA Program Amruta Institute of Engineering and Management Sciences Retrieved 24 September 2014 Mazumdar Shaw Kiran 8 April 2014 Kiran Mazumdar Shaw on 5 reasons why BJP s manifesto stands apart The Economic Times Retrieved 24 September 2014 a b Heenan David 2005 Flight capital the alarming exodus of America s best and brightest 1st ed Mountain View Calif Davies Black Pub p 113 ISBN 978 0 89106 202 8 a b Aravind Indulekha 6 December 2013 Kiran Majumdar Shaw the city crusader Business Standard Retrieved 24 September 2014 Right time for action plan to fulfil dreams Narayana Murthy The Economic Times Retrieved 3 February 2013 BPAC agenda for better city governance unveiled New Indian Express Infosys Wipro Biocon to generously contribute for flood relief works Mangalorean 9 October 2009 Archived from the original on 15 October 2014 Retrieved 24 September 2014 Flood Relief Infy Biocon Wipro to rescue K taka One India News 9 October 2009 Retrieved 24 September 2014 Executive Board KnowISB Indian School of Business ISB Isb edu Retrieved on 17 July 2012 Board of Governors Past IITH Indian Institute of Technology Hyderabad Archived from the original on 20 February 2015 Retrieved 17 September 2014 Mukesh Ambani quits Kiran Mazumdar Shaw to head IIM Bangalore board The Times of India 19 February 2014 Retrieved 17 September 2014 Dr Kiran Mazumdar Shaw is Chairperson of Board of Governors at IIM Bangalore Indian Institute of Management Bangalore IIMB Retrieved 17 September 2014 Board of Governors Indian Institute of Management Bangalore Iimb ernet in 11 February 2009 Retrieved 3 August 2014 Limited Infosys Infosys Management Profiles Board of Directors www infosys com People J Clinic Retrieved 13 November 2020 Armstrong Lance 29 April 2010 The 2010 TIME 100 Kiran Mazumdar Shaw TIME Magazine Retrieved 17 September 2014 The World s 100 Most Powerful Women Forbes Retrieved 26 June 2014 Biocon Chief Dr Kiran Majumdar Shaw amp NMC Chief Dr B R Shetty Declared Global Indian Of The Year Pharmaleaders TV pharmaleaders tv Retrieved 4 February 2016 2019 Hurun Report India PDF Edelgive org permanent dead link Sengupta Paula Sharma Sonia Kiran Mazumdar Shaw awarded the prestigious Nikkei Asia Prize 2009 for Regional Growth Biocon Limited Retrieved 11 May 2009 Nikkei Asia Prize for Kiran Mazumdar Shaw The Hindu Business Line 13 May 2009 Retrieved 17 September 2014 Darpan Pratiyogita July 2009 Nikkei Asia Prize won by Kiran Mazumdar Shaw Pratiyogita Darpan 24 Retrieved 17 September 2014 Kiran Mazumdar Shaw awarded the Veuve Clicquot Initiative For Economic Development For Asia Evaluate Press Release Retrieved 16 October 2007 EY Building a Better World Past Winners Ernst amp Young Archived from the original on 27 September 2014 Retrieved 17 September 2014 a b Seijts Gerard 2013 Good Leaders Learn Lessons from Lifetimes of Leadership New York Routledge p xxv ISBN 978 0 415 65976 5 Retrieved 17 September 2014 National Academy of Engineering Elects 86 Members and 18 Foreign Members NAE Website Kiran Mazumdar Shaw inducted into NAE The New Indian Express Kiran Mazumdar Shah fourth Indian to be honoured with Australia s highest civilian honour The New Indian Express Retrieved 18 January 2020 Kiran Mazumdar Shaw Businesswoman of the year Economic Times 18 October 2004 Retrieved 17 September 2014 Aanjaneya Lifecare Bagged Coveted BSE Award for Best Return to Investors Padmashree Dr Mukesh Batra is Business Leader of the Year Dr Mukesh Hariawala as India s Most Admired Surgeon amp Thirty Three top Asia Pharmaleaders Felicitated Business Wire India 22 September 2012 Retrieved 17 September 2014 Pharmaleaders 5th Annual Pharmaceutical Leadership Summit amp Awards 2012 Satya Brahma Archived from the original on 21 December 2021 Retrieved 17 September 2014 Kiran Mazumdar is Eminent Businessperson The New Indian Express 25 February 2006 Archived from the original on 13 December 2010 Retrieved 17 September 2014 Kiran Mazumdar gets ICC lifetime award The Hindu 6 September 2005 Archived from the original on 17 September 2014 Retrieved 17 September 2014 Dr Kiran Mazumdar Shaw Awarded The Corporate Leadership Award MoneyControl Retrieved 17 September 2014 Award for Biocon CMD The Hindu Business Line 11 October 2005 Retrieved 17 September 2014 Rajyotsava Award for Nilekani The Hindu Business Line 31 October 2002 Retrieved 17 September 2014 Mazumdar Shaw awarded H K Firodia Lifetime Achievement Award 2022 The Hindu 24 September 2022 Retrieved 23 January 2023 Exploration higher education biotechnology and business strategy honoured at Abertay graduations Abertay University 2 July 2007 Retrieved 17 September 2014 Fitzpatrick Patrick 8 June 2012 Dr Kiran Mazumdar Shaw Degree of Doctor of Science Introduced by Professor Patrick Fitzpatrick Head of the College of Science Engineering amp Food Science UCC University College Cork Ireland Retrieved 17 September 2014 Davangere varsity maiden convocation on July 27 The Hindu 26 July 2013 Retrieved 17 September 2014 John Shaw Biocon chairperson Kiran Mazumdar Shaw s husband passes away Hindustan Times 24 October 2022 Retrieved 24 October 2022 John Shaw husband of Kiran Mazumdar dies The Hindu 24 October 2022 Retrieved 24 October 2022 Sources EditExternal links Edit Wikimedia Commons has media related to Kiran Mazumdar Shaw My Thoughts and Expressions Blog by Kiran Mazumdar Shaw Kiran Mazumdar Shaw entry at Encyclopaedia Britannica Retrieved from https en wikipedia org w index php title Kiran Mazumdar Shaw amp oldid 1168308573, wikipedia, wiki, book, books, library,

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