Kiran Mazumdar-Shaw EY Entrepreneur of the Year India 2019 Award Acceptance Speech

Biocon Chairperson & Managing Director Kiran Mazumdar-Shaw has been named the EY Entrepreneur of the Year India 2019 and will now represent India at the EY World Entrepreneur of the Year Award (WEOY) in Monte Carlo from 4 – 6 June 2020. EY Entrepreneur of the Year (EOY) India Award recognizes entrepreneurs, who, with their … Continue reading Kiran Mazumdar-Shaw EY Entrepreneur of the Year India 2019 Award Acceptance Speech

A Well-intentioned Budget, But Needed to Do More to Jumpstart the Economy

By Kiran Mazumdar-Shaw, CMD, Biocon Finance Minister Nirmala Sitharaman’s Budget 2020 was directionally sound but needed to do more to jumpstart a stalling Indian economy. The Budget aims to boost business confidence for India Inc. through various measures, including the proposal for a tax payers’ charter to prevent harassment by officials, increasing the investment limit … Continue reading A Well-intentioned Budget, But Needed to Do More to Jumpstart the Economy

Invest in Innovation

Kiran Mazumdar Shaw on Expectations from the Union Budget 2020 The budget provides a great opportunity to promote research and innovation in India. The country needs to invest in innovation to harness its potential for tackling the economic challenges confronting us today. This year's budget can provide adequate funding for the development of the kind … Continue reading Invest in Innovation

Kiran Mazumdar-Shaw Promises to Enable Universal Access to rh-Insulin by Reducing Prices to Less than 10 US cents/Day for LMICs

Kiran Mazumdar Shaw speaks at the UNAIDS Health Innovation Exchange Meeting on the sidelines of United Nations General Assembly, held in New York on 25th September 2019. Your Excellencies, Distinguished Ladies and Gentlemen, We have just witnessed the first UN High Level meeting on Universal Health Care on Monday. Governments have a collective moral responsibility … Continue reading Kiran Mazumdar-Shaw Promises to Enable Universal Access to rh-Insulin by Reducing Prices to Less than 10 US cents/Day for LMICs

Blueprint for a healthy India: Ayushman Bharat must tackle several challenges if it is to deliver tangible health benefits on scale

By Kiran Mazumdar Shaw A healthy India is a wealthy India. For an emerging economic superpower, health of its people is critical for economic productivity. Ayushman Bharat, which recently completed a year of existence, was conceptualised as an insurance based, healthcare delivery model that dovetails both preventive and curative healthcare at a coverage of Rs … Continue reading Blueprint for a healthy India: Ayushman Bharat must tackle several challenges if it is to deliver tangible health benefits on scale

Balancing Patient Convenience with Environmental Protection

Kiran Mazumdar –Shaw, CMD Biocon There are nearly half a billion diabetes patients in the world today and by 2040 that number is expected to climb to over 640 million. Even as diabetes incidence grows across the globe, developed markets like the U.S. are grappling with astronomical prices of one of the key medications for … Continue reading Balancing Patient Convenience with Environmental Protection

Budget 2019 Must Address Some Immediate Needs in the Larger Interest of the Economy

The Budget that will be presented on February 1, 2019 will have to factor the forthcoming general elections and I therefore expect it to be populist in nature. The Agriculture, Healthcare and Education sectors are likely to receive priority attention. However, I do expect certain Industry sectors like the MSME and Start-ups to receive a … Continue reading Budget 2019 Must Address Some Immediate Needs in the Larger Interest of the Economy

2018 – A Year When Healthcare in India Got a Booster Shot

2018 has been a happening year for healthcare in India. Developments such as the launch of the government’s flagship universal healthcare program, Ayushman Bharat; the insurance regulator's direction to insurers to cover mental illness; the heightened focus on public screening of non-communicable diseases, all  point to the fact that healthcare is starting to get the … Continue reading 2018 – A Year When Healthcare in India Got a Booster Shot

REALISING THE GAME CHANGING POTENTIAL OF NHPS

The NDA government’s announcement of a health insurance scheme covering 500 million poor and needy Indians is indeed laudable. An estimated 75 million Indians are driven to bankruptcy and poverty each year because they have to pay over 60% of hospitalisation costs out of their own pockets. Given the dismal healthcare scenario, the NHPS can … Continue reading REALISING THE GAME CHANGING POTENTIAL OF NHPS

An Inclusive Budget

By Kiran Mazumdar Shaw The Finance Minister has presented a comprehensive and wide-ranging Budget for FY19, which addresses most of the areas that need focus to ensure sustainable, long-term and equitable growth of the Indian economy. The Union Budget needed to be prudent and forward-looking rather than populist and that is exactly what Finance Minister … Continue reading An Inclusive Budget