By Kiran Mazumdar Shaw, Chairperson, Biocon Finance Minister Nirmala Sitharaman has delivered a Budget that ticks several boxes. The Budget focused on maintaining fiscal prudence, improving ease of doing business, boosting infrastructure, and creating a strong digital governance architecture. The economic gloom caused by the Covid-19 pandemic had raised expectations of a ‘feel good’ budget. … Continue reading A Balanced Budget
HOPE FM DELIVERS A FEEL-GOOD BUDGET
By Kiran Mazumdar-Shaw The Covid-19 pandemic has cast a gloomy outlook across the entire economy. Government coffers are depleting, Industry investments are shrinking, and citizens are being hit by inflation and job losses. Budget 2022 is an event that everyone is hoping will deliver good news and I wish the Finance Minister will not dash our hopes! … Continue reading HOPE FM DELIVERS A FEEL-GOOD BUDGET
Budget Offers an Opportunity To Strengthen India’s R&D and Innovation Ecosystem
By Kiran Mazumdar-Shaw The Indian pharmaceutical industry has been playing a key role in improving global health through its affordable and high-quality generic medicines. We are the third largest pharmaceuticals supplier in terms of volume, supplying 60,000 generic brands across 60 therapeutic categories worldwide. India now needs to capture value share as well. To move … Continue reading Budget Offers an Opportunity To Strengthen India’s R&D and Innovation Ecosystem
Technology holds huge promise for healthcare in India in 2022
By Kiran Mazumdar-Shaw The COVID-19 pandemic has caused a digital disruption in healthcare. It has accelerated innovation, catalysed technological breakthroughs, and created a fertile environment for the emergence of low-cost innovations anchored in affordability, and accessibility. It has also forced changes in consumer behaviour, persuaded doctors to become tech-savvy, prompted pharma companies to invest in … Continue reading Technology holds huge promise for healthcare in India in 2022
$150-Billion Bioeconomy by 2025: Policy Prescriptions for Building a Vibrant Biotech Sector
By Kiran Mazumdar-Shaw In the face of the biggest health calamity faced by humanity in a century, India’s Bioeconomy grew over 12% to reach $70.2 billion in 2020. The biotech industry braved the challenges of Covid-19 to develop innovative solutions such as diagnostics, therapies and vaccines at speed and scale to save countless lives. India … Continue reading $150-Billion Bioeconomy by 2025: Policy Prescriptions for Building a Vibrant Biotech Sector
Women Can Bring Transformational Change in India
By Dr. Kiran Mazumdar-Shaw “There is no chance for the welfare of the world unless the condition of woman is improved. It is not possible for a bird to fly on only one wing.” – Swami Vivekananda In a country where men often dominate sports, several amazing women burst on to the stage to not only … Continue reading Women Can Bring Transformational Change in India
Science, Technology and Innovation: How DBT coordinated India’s COVID-19 fight
By Kiran Mazumdar-Shaw The COVID-19 pandemic has proven that science can rescue humanity. And for science to prosper you need to have dedicated national agencies that are relentlessly driving the agenda of science. Since its inception in 1982, The Department of Biotechnology (DBT) has made tremendous efforts in promoting bioscience research, translational education and entrepreneurship. … Continue reading Science, Technology and Innovation: How DBT coordinated India’s COVID-19 fight
A decentralized approach could help turn the tide against Covid-19
By Kiran Mazumdar-Shaw As the second wave of the coronavirus pandemic continues to ravage India, the inadequacies of our health and medical care systems are exposed and we are paying a horrifying price in lives and livelihoods lost. We need to respond with speed and agility to turn the tide. To ensure that, decentralization is … Continue reading A decentralized approach could help turn the tide against Covid-19
A Combination of Lockdowns and Vaccination Will Save Us
By Kiran Mazumdar-Shaw The second wave of Covid-19 descended on India like a tsunami. We were caught unawares and our response was one of panic and chaos. There was sub-optimal preparedness and rapid response planning. Hospitals were overwhelmed, medicines were in short supply and medical supplies of life-saving oxygen and ventilators were woefully low. From hubris and … Continue reading A Combination of Lockdowns and Vaccination Will Save Us
Lessons from the second wave of coronavirus pandemic
By Kiran Mazumdar-Shaw The second Covid-19 wave has hit India, and hit it hard. Record jumps in coronavirus infections on a daily basis have pushed health infrastructure to the brink in several states. While patients are scrambling to secure hospital beds, hospitals are running out of oxygen supplies and critical anti-Covid-19 drugs along with medical … Continue reading Lessons from the second wave of coronavirus pandemic