Finance Minister Nirmala Sitharaman has presented a well-thought-out Budget that lays the foundation for long-term growth that is both sustainable and inclusive amid global economic headwinds. It has addressed several critical aspects of the economy to establish a conducive business environment marked by macroeconomic stability. The 33 per cent hike in capital investment outlay to … Continue reading Budget 2023 lays groundwork for long-term & inclusive growth
Reinventing Supply Chains of Tomorrow
By Kiran Mazumdar-Shaw The aftermath of the COVID-19 pandemic and the ongoing Russia-Ukraine war have triggered massive disruptions in global supply chains, revealing the vulnerability of networks that were largely built on cost optimisation. Supply chains are critical to global growth, so their reinvention is vital to rebuilding economies in the post pandemic world. A … Continue reading Reinventing Supply Chains of Tomorrow
A game-changing, transformational deal that is an inflection point in Biocon Biologic’s journey of making global impact: Kiran Mazumdar-Shaw
Biocon Biologics on Monday announced a transformational deal to acquire partner Viatris’ global biosimilars business for up to USD 3.335 billion in cash and stock. The acquisition of the business, which is estimated to generate revenues of USD 1 billion next year, will create a unique, fully integrated global biosimilars enterprise. Kiran Mazumdar-Shaw, Executive Chairperson, … Continue reading A game-changing, transformational deal that is an inflection point in Biocon Biologic’s journey of making global impact: Kiran Mazumdar-Shaw
The Biocon Biologics-Viatris Transaction Catapults us into The Global Big League
Biocon Biologics on Monday announced a transformational deal to acquire partner Viatris’ global biosimilars business for up to USD 3.335 billion in cash and stock. The acquisition of the business, which is estimated to generate revenues of USD 1 billion next year, will create a unique, fully integrated global biosimilars enterprise. Kiran Mazumdar-Shaw, Executive Chairperson, … Continue reading The Biocon Biologics-Viatris Transaction Catapults us into The Global Big League
A Balanced Budget
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
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