Presented by Vidushi Bharti Batch 2017-19 Roll no. 17026
In Partial Fulfilment of Post Graduation
Diploma in Management
Date of Presentation: 11th December, 2017
INTRODUCTION Kiran Mazumdar-Shaw is an Indian billionaire entrepreneur. She is the chairman and managing director of Biocon Limited, a biotechnology company based in Bangalore, Net worth: 3.1 billion USD (2017) Forbes India and the chairperson of IIM-Bangalore.
Biocon introduced India’s indigenously developed recombinant human
insulin using a proprietary fermentation technology in 2004 and, along with Wockhardt, was able to break the monopoly of innovators in insulins by offering indigenously manufactured affordable alternatives, Awards: Padma Bhushan thus enhancing access to this life-saving therapy. India’s future from Pharmaceutical industry’s perspective • India has successfully leveraged recombinant DNA technology to deliver biopharmaceuticals, vaccines, genetically engineered crops and enzymes. • Currently, India is among the top 12 biotechnology destinations in the world and ranks third in the Asia-Pacific region. • Today, ‘1 in 3’ children globally are immunised with a ‘Made in India’ vaccine. • It has created a notable bio-economy valued at $35 billion. India’s future from Pharmaceutical industry’s perspective • India pharmaceutical industries has an ambitious goal to become $100 billion by 2025 and scale up to $200 billion by 2030. • She believes that, by 2050, cancer will become manageable through advances in the field of immuno-oncology, thus replacing the need for chemotherapy and radiotherapy. • Biotechnology in agriculture and farming has the potential to address numerous challenges associated with food security in India to improve yields and are resistant to pests, flooding and drought, could make food cheaper, more nutritious and abundant.