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12
India’s Biotech Queen-The Economist and Fortune India’s Mother of Invention- New York Times ALL FOR THIS ONE MOMENT - KIRAN MAZUMDAR SHAW

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Page 1: Biocon brief

India’s Biotech Queen-

The Economist and

Fortune

India’s Mother of Invention- New York Times

ALL FOR THIS ONE

MOMENT

- KIRAN MAZUMDAR SHAW

Page 2: Biocon brief

Kiran Mazumdar Shaw – The Timeline

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Answer 1 Prerequisites of a successful entrepreneur:

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PROBLEMS FACED

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ANSWER 2First mover advantage was definitely there as she had no threat of competitionMore than the advantage there was risk of losing everything

Characteristics of Leadership:

According to Mc Clleland’s theory of Needs:1. Need for achievement2. Need for power3. Need for affiliation

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ANSWER 3 The Indian biotech industry has close to 200

biotechnology companies The Asia-Pacific region accounts for almost

15-20 percent of their world-wide sales revenues, and their India business contributes almost 8-10 percent of the Asia-Pacific sales.

Reasons for shift towards India: 1. India is a very attractive and growing market2. To leverage the skilled manpower in India. 3. India positioned to be a global player

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ANSWER 3 Challenging ventures such as developing

insulin and drugs to cure cancer Emphasis to diabetes Expansion of production capacity,

development of biological business and commercialization of biopharmaceuticals

Expansion of organization size through strategic partnerships, M & As in order to achieve economies of scale

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ANSWER 4

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The Other Side of the Coin

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What has changed since these years? Is the attempt enough or is there more that is yet to be done?

CONCLUSION

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Team - Charon