Indian - Businesswoman | March 23, 1953 -
I believe in never giving up, no matter what the odds. My mantra is, 'Failure is temporary. Giving up is permanent.'
Kiran Mazumdar-Shaw
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Innovation and commerce are as powerful tools for creating social progress as they are for driving technological advancement.
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Once you start succeeding, you start dreaming big. For me, it was that way.
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People believe that art and science are two distinct realms. It is far from the truth because, if you look at science from a microscope or from a different lens, you can see the beauty in science. It is very artistic.
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I call myself an accidental entrepreneur. I was all set to take up a brewing job in Scotland when a chance encounter with an Irish entrepreneur led me to set up a biotech business in India instead.
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There is artistic beauty to the way biology functions, nature functions, and science functions. I am trying to bring that kind of understanding in the design space.
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I do serve on various boards and I'm very honest and frank, obviously. I am a very forthright person and I do, sort of, share my candid views on anything.
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I have successfully challenged the Western world's existing model of pharmaceutical innovation, which leads to the creation of monopolistic markets for novel, life-saving drugs that deliver high margins at low volumes.
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I owe my drive and determination to my upbringing, which instilled in me a set of values that make me who I am.
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When I started Biocon in 1978, the obstacles I needed to navigate were manifold - ranging from infrastructural hurdles to issues related to my credibility as a business woman. With no access to venture capital, money was scarce and high-cost, debt-based capital was all I had.
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As you become more successful, the gender barrier disappears. The credibility challenges you have during your growing up years starts disappearing when you start demonstrating success.
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My philanthropy is largely focused on healthcare, and I really want to make a difference to people's lives.
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