Executive Chairperson, Biocon
The Changemakers Series - with Ms. Kiran Mazumdar Shaw, Executive Chairperson, Biocon Biologics Ltd.
The Changemakers series, an exclusive event by GITAM (Deemed to be University) with Ms. Kiran Mazumdar Shaw, Executive Chairperson, Biocon & Biocon Biologics Ltd., sharing her perspective on how do we ramp up the vaccination drive in India with Ms. Nidhi Razdan, Director, Strategic Programmes and Outreach, GITAM.
About Kiran Mazumdar-shaw
Kiran Mazumdar-Shaw, Executive Chairperson of Biocon, announced in May 2026 that her niece, Claire Mazumdar, will succeed her as the company's leader. Mazumdar-Shaw stated that she had long planned to groom Claire for the role and decided the time had come to announce it because Claire had "earned her stripes." She cited Claire's work building Biocara Therapeutics, including raising capital, obtaining a breakthrough designation for a bispecific antibody, and listing the company on Nasdaq in 2024 as a billion-dollar company. Mazumdar-Shaw said the transition will be gradual, with Claire expected to take over in five years, and that she herself plans to step back into a guiding role rather than an active one. She also stated that family will remain at the board level while professional management drives day-to-day operations. On the company's financial performance, Mazumdar-Shaw reported that Biocon closed FY26 on a strong note, with Q4 operating revenue at Rs. 4,517 crore, up 10% year-on-year after adjustments. She said the company is now operating as "one unified biopharma entity" with a stronger balance sheet and that the heavy capital investment phase is behind them, with the focus now on improving utilization, expanding margins, and driving return on capital employed. Mazumdar-Shaw described the outlook as "very bullish," citing new product launches, a growing pipeline, and opportunities in biosimilars and GLP-1 therapies. She also noted that the FDA's decision to waive phase three clinical trials for certain biosimilars has reduced development costs by 50% and accelerated product timelines by three to four years. Separately, Mazumdar-Shaw hosted the 25th annual St. Patrick's Day celebration in Bengaluru in her capacity as Honorary Consul General of Ireland, alongside Ireland's Ambassador to India, Kevin Kelly.
Transcript (73 segments)
✨ AI-enhanced transcript with speaker attribution
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Host0:00
Good night to all. Welcome to Udyog University. Students, makers, serial entrepreneurs, Nidhi Rajdan, and this event has been curated to bring together leaders, intellectuals, and achievers from different fields to inspire you. To inspire all of you to battle and bring great danger, I introduce Kiran Mazumdar-Shaw, a changemaker. Without her, the world would be different. She is the founder of Biocon, a pioneer in biotech and healthcare. A noble influencer, an entrepreneur, and a philanthropist. Kiran Mazumdar-Shaw has made a mark in science and is a role model in India and worldwide. She has made equitable healthcare possible through innovation, making a difference to billions of lives. But Kiran Mazumdar-Shaw is here in a new avatar, in a very different setting. A wonderful response.
This is a critical time for the country, a specific turning point. We will give water, which will give precedence. The voice of the President and Vice President really matters in the current situation in India. Arranged marriage was not ready to get water from the Yamuna river in the midday channel.
Sunidhi, thank you so much for having us on this show. We are a team selected to speak to all students at the University of Life. Most of the comments were about what the university was doing for educating India.
What do you know about the difference between the two questions? But here, all the details are the biggest festival. Everyone, mind and Vinod ji, a realistic view of a painter. It is vaccination for all. We have a viable country history of successful vaccination programs that seem to have control over outbreaks. We own the current vaccination drive. The numbers involved, but how do you look at it? The point is the institute and uncertainty.
I don't think they really did a great job in terms of managing it on Twitter. Great job in your life. The national president of India.
Quantity does not carry the infection this time around. Fortunately, we want to be a country that has taken everything to control the middle school. Listen live from your Android.
The Serum Institute and Bharat Biotech have been told to manufacture the vaccine. The vaccine was issued almost immediately. What does it mean? The scene is not approved.
The joint study was not approved. It destroys the vaccine. If this data is used, you guys are the walking dead. The volume of things. An optimistic opportunity, for example. I miss you a lot.
He supported his production. Manufacturing crisis. Do something in time. Unity in opportunities. He had a vaccine. The government should start getting a very good place in the role of hospitals and nowhere.
Position very fast. 100 schools. Government to the young and old. Frontline equity and novel slow. HP board.
A question: a report of 120 million people today, at least 2% of the population. They are waiting for a positive launch. Don't some vaccines stand out? The world is different. Discussion on the thing. He had been replaced.
Reducing numbers and even not preserving. But complacency and elections were a big factor in spreading the second wave. We had religious festivals. 4000 things in life which are not done. Rather, they would turn on the back policy making.
Changes in central processing fees. Central and state. Individual global tender itself has become quite controversial. This means the victims do not want to be free from everyone. The price in the place. So what does the government do today? Centralized procurement process but decentralized distribution and vaccine stations. They decide the criteria and give feedback. How do you do that? That is one of the difficult things. There is a lot of confusion and mismanagement.
The price is extremely high. You will not quite early. Goodbye. Central procurement by the central government for distribution. The state should draft that method. Basically, distribution states procured from 1 to 5. Even today, this pollution, procurement and import of vaccines is not for this. I would subscribe to decades of things between center and state. Aggregates requirements and important benefits. I don't know. You are getting your responsibilities and delegating if you want to call it back to the state. And industrial control your location to the state governments. So I don't think it's working. I never believed in a command and control model from a school point of view. It is inefficient and stringent. In real life, I think state governments must have the difficulty to deploy vaccines. Come out with a vaccine deployment strategy. Spend a duty on which you want a good balance. Distribution of vaccines. It is the best number of important criteria based on political criteria and based on someone's size. The best things like population density. Open centers. Start with central difficulty. The biggest source of transmission. Stop this. This is the largest state.
Population density, mortality rates, your occupation, and things right. Transmitters enough to give scattered minutes. Bangalore and think. Bangalore city, which is the largest city in the current state, and it's a very specific source of transmission because no entry jobs in Bangalore and behave very large. 24 industry data. The spread of disease. Look at the service delivery. Boys like girls and boys. Ola cab drivers and 1000. The rise of delivery boys from Amazon, Flipkart, and others. The delivery boy is fighting back. People, natural death. Construction workers. Now your potential transmitter identity. Slum-free cities will rise.
Social distancing itself, but it's not just about that. A long railway zone transmits. Ladies and the virus, which is very scary. To bring down the rate of replication of the virus and giving it. And note which is the question rate of two wires. The candidate passes through vaccination. Don't draft the virus. The virus will keep replicating and distributing. That's why you need to vaccinate. It's about 300 years. A Hindu woman should be at your doctor. Will not reduce the body against British rule in India. Jobs in the midst. Provide protection of evidence of this fact.
Thank you. Great scene in dealing with you. Very under control. People how to fix it. Often say guys members in the family had doses official but he had initiated in fake. Only homemade. But hero airplane mod. Misconception about water. One thing to note. Do it. Good cricket players who are for a billion something called grocery activity. So any vaccine developed with the best on what we call a specific protein. Developed based on the richest binding to main. But largely based on this fact protein. Whether it is the Himalayan vaccine where is the viral back to back. It is the inactive and always respect. A strange and based on the spike protein. The protein is the most noticeable identity mode of the virus. Absorption of proteins. Virus user interface. Body system.
Doing so will be the parts of the busy. Change the protein and basically an activity is believed in the existing norms to give the respective infection. Will be protected from which is the world.
Maximum good. The date is telling you. But the people who did not realize.
Science building with short answers to your writing. Apart from the nation will protect you. Request everyone to avoid during discussion about difficult interview for the second day.
Fifth month. But I don't believe this great job posts in this world. And you want to subscribe even today. This confusion because the government should stop now. Wants to be the Indian way of scientific evidence and protective.
Online questions. We're getting lots of large numbers.
Despite demand, the late win-win toss. Father and Johnson & Johnson. Directly manufacture. That's it. Take time to visit. So let's very old young. Noble shortage of vaccines. And you get started vaccine something which must understand gifted individual producers in which they are able to create more jobs in countries in the world. Does not realize it's really a large volume. Obsessed with very limited and on production.
Time to captain Steve. Institute biologically British. Bharat Biotech. And whether it's an order vaccine company. Basically ramp production in the middle of it. And of goods. It will be much better place for the time properly. Over 200 million youths. Where is my name? The end of the question.
Which the Indian people for instance when they remind them and negativity story with proper.
Question and do it through ministers. And use of approved by the authority to disinfect the man. Reasons why we need people still acid attack victim and feel the situation. Today the country is in a terrible condition. Some important verses from this point. Religious situation and its impacts. It cancels trained commandos. Misconception that you think they can achieve that. For the thing you need to understand its products.
Think what we need to understand. This battle on data. Data is available about objections and values in the country. It will become a much better place today. But it's always right to ask him questions. Update stage because he knows you have all data. The one who was during certain aspects of the vaccine. The judgment calls the people need to make. And people feel uncomfortable about not using one vaccine. There's nothing wrong in asking her about side effects. What are you for? It seems we don't have enough.
A pond of water. But clinical data up to that point. Clinical data was looking good. Telling people because the pandemic caused emergency. That is gold. You want to question. Return 2009. Developed later. The most addictive and justified in asking questions. But do you feel we have enough data points to take judgment calls? I don't think we have time. I don't think we have years. Because that is a hard access to vaccines. And even not vaccinating fast. The problem is people are missing. Will give way to terms and conditions.
It should always be. I'm telling you, please always question. Please always think. In this world and especially at this time. For telling you all this, you should ask questions and follow judgment.
Okay, bye. Questions from PT Ravi Kumar, Pooja Singh, Awadhesh. People between 2. At what speed should we as citizens who got that? Is it bacterial? Interval. Its depression. Wrong decision. The heart will not rise but rather difficult. And difficulties for that is for education. Reverse walking dead. 2012 official. Do it 2012. Vaccinators peacefully faster. Avoid you all are doing all this destroyed related to whether you have data to support. Sure data. Okay, no tension.
I think all 20 intervals of left with no option but to be diluted. 600, 800. 10th and 12th. This point. So yes, I think there is good. Suggest you will protect. Writing about you in India taking advantage of data.
Now an interview will not be able to be what you did not see. That India will do it. It is time. Data is the work of 12th.
This has been communicated very confusingly and very according to. I don't like your relative. The best of all means can edit your support for fiction. Between will be now quite well protected. Don't worry. I am your invitation. Vaccination shot at 60% protective.
The festival is quite. This video. Question in various parts of the country which also shows the introduction in the last year. From nine. 1.5 billion dollar deal with such companies. And development.
Doctors and during festival. Government has placed in the country.
Their own tone. Question in the comments. You are right. Basically industry.
Finance for various countries like America. Manufacturing industry to produce number. Choose the population first.
The number. And in fact don't see the question. In the coming years. Wealth is that you seem to all possible required booster doses of vaccines. Valid point which might even vitamin. Exercise. Possible 10 science revolving. Also involve. Reliable response to get serial. No one will dare attack. You will need not. When will the question be the thing in the country to be looking at?
Views of charity. India in terms of doing this particular study. Light of the question. Like this. Intellectual property rights. And we production. It is the rebel to manufacture company.
This video is not a political statement to make. A statement that everyone can. We make sure you will not.
Now the problem is that. But please understand the pattern. It is not coming in the way of expressing vaccine. What is coming in? Love you to do. Don't have worldwide. The city for the way need to be withdrawn from material producer. Vaccine remind me to the mode. 280 member to give its time to.
This first want right to make a nitrogen. A vaccine and change vaccine. And of Infosys. Vaccine cannot make this works in Noida. Listen to your heart disease and technology transfer.
Okay. And in the technology transfer. Regulatory issues where the scene made using modern technology in India will not be complete. The technology of the product unless you are very large. And when you to the school. Love you to make.
Transfers in your language. You want to create new questions. Country wise.
Personal. Heart from Hindu. Not good to compare. Bhutan. India's server population differences and help quality are not mine. Questions: how soon can we get 3000? Speakers now you decide. Notary public. Filter the solution. Central infection. This front piece. Near Delhi. Kiran Mazumdar-Shaw. Turn and commitments. And India will hopefully be pushed back. Population by December. Last moments. And government has been provisioning and perhaps possibility. But realistically. Point. Bigg Boss. Responsible to think. This is wishful thinking. You said that you will be able to vaccinate 90% of the population by.
And Ayurveda. India. Population of cities to avoid doing that will not be born in India.
Change in India. What do you for the center of the talk over India and very large?
Torch light. Okay. You jogging then mom on festivals. In the elections after 10. Most wanted questions. Modern poster launched. In terms of fighting with on the screen problem and antiviral and anti-tumor.
All in one week of getting infection. Basically stop divorce from related. System already fiction with you. Very strong will not go to. Various recipes. Getting tested positive for today. People using. Most people don't very difficult.
Romantic hero. Well. In your love and inflammation and blood clots. All deaths. Very high court immune response to. What is really really the question? A native or one number of treatment which day you etc. Used in right way and not only at any stage. In fact, he wanted used this particular forum to save. Let anybody. 10 light symptoms and systems. And when you come in contact with positive.
And artificial symptoms. Hospital. But you don't know the tube. But what is happening in the times? People realize they got to be disturbed to late. And when you give people who got the hospitals of going backstage when they dipped into high positive response. And anything even limited to just want to help. You need medications for selected for antibodies. Something I didn't see even death. Cocktail. Talking about the origin. Rose cocktail. But India has finally approved a through use alongside. Viewers also antibody cocktail. Ventilator.
Right. And doctor. First this question is that you right. And treatment and definition of birth is a rainy day town post. Creations of facing. Soldiers. Follow update. I know the what we call log positive vibes. Long problems. Changes problem. Languages are not stop this cream for long time and understanding syndrome.
Why research? Data on WhatsApp. Want to know the giver. And section specific pregnant women. So where is the time to ministers of evidence for pregnant women? And I think.
The report. A question. About just a little bit to update. And Kiran Mazumdar-Shaw. And to quit more about you and your own personal. Your own personal and professional success. And want to see things that you were born in Bangalore. Used in Bangalore in school and college. And you will have made Bangalore your home. But not withdrawn. Away from Bangalore to see all the idea of the game is to be good to bring in Bangalore. Identity. School college. Company. Bangalore.
Parts of the country. Population. Operation. And Visakhapatnam. Operation in Hyderabad. One operation. Life even gone outside Bangalore. The heart is in Bangalore. On Tuesday. Australia. Only Indian and only woman in your best. Celebrity. Gold medals. And the first woman to win the amazing.
Biotech technologies. Science. Microbiology. And 10 things to avoid this thought. Mother and mother with something which is website in Australia. And difficulties in the class. And the end. And all the best college for delay in terms of science and technology. Difficult to understand and technology for a program.
Alarm set top. My work. Back to India. Easier for me to be. Job pick up the bodies in India. First woman's job hotspot. To start Biocon. Contact other is very oily. Young women for watching this. And love you to drops of the way live in this world will overcome. But today we will not know this.
Some delay. Building credibility. Problem. Retired from companies have not seen in drawing competition. Basically technology. Lots of credibility to overcome every day. Your mind will do.
A different shade. Abilities. People why are you? Now link. Questions. Stop here. And now we and them alive. Which coming latest. Don't know. Biocon producing. And listen. Helping with the process to produce. Because we know from being alleged support. Software companies for all the best companies in various aspects of production support to make vaccine. Like it is not developed. Virus and innovative ways to any support from a point which became very difficult to produce. Plant will be looking.
Western countries. The children died due to this. Populations helping. Zone. They gave them. Good to give your perspective on this issue. Fascinating. Health give the appeal. You to all young talented students. Delhi to make the children.
This solid waste. Lost your video. Then second. In terms of the first page. Vaccinating children should address. Will be the.
The world will come to guard against. That side ideal of people asking whether you knowledge and quantity club activism. And in Indian market women get much from. People worship. You want to know this verification. Because quantity at this point. It's just a WhatsApp. But I don't think you should not worry about which vaccines. Everywhere around world. All the same kind of. But was too short. In fact and students to 200 degrees in 1592 shots of votes. Vaccine. But I don't think at this point in time which it.
Just a subject to vaccine. You can be good evening. At wake up. This meet you. You need to get much more. Turn on every vaccine to which is the longest. Great response and things like this point. Don't see the date of birth next your time. This discussion will have to win the match of the thing.
Available in India for the virus. Flash light on the compound. Your voices. Things you looking for streaming online. Watch your lost everything. Basically don't feel. Mention in my phone. Convent senior on meeting. Both vaccine. Activities at summit. And you will. Computers. Discussion on the end and exact what seemed to be too for the Indian new trends. And to give president at this point in time. World. But you will get the next generation will be more effective than this generation. At this point in time it was not for kids craft activity to give.
And related. Attitude. Perhaps in and virus. 24 mute. Organization spread in India is necessary and smooth. Viewers most awaited. What he had seen. Young people of total. Victim and infested this time. Time. But he needed today said infections. Chapter ninth. What is happening? This is one help. For more infections. 201 virus mute. Basically in fact rights over infection is much very fast. The chances are you serious.
Difficulties in fact. Some people think. Look at the percentage of video cases in the past. Of the crescent. A percentage of the people in fact you probably will see the question is that is the first way. Remember the highest number of cases. Have a great day for today.
The height of we want. What is the highest number of cases? And my friends. And number. Remember me. 2008 best today on getting forces. Shift times more numbers and at times the little sisters in the most obscure infections.
In terms of medical sciences and please do not know what is the significance of the pipeline now under.
Protection. If would offer. Current injectable. Aspect. Vaccine. Subscribe now to receive new updates.
Okay. And different. My loss question awards on only this vaccine in activities for the good road. And vaccine problem in order to get back selected in India with citizens complaints of. Boxing double. But in rural areas the situation. Line online registrations has made it very inevitable. People don't know. Smartphone. You are not a celebrity. So suggest. Work in the nations and through your love who can. Is not overcrowding attractions are not support any other choice but to reduce the negativity right now. How to give its unique to decentralize. You need to token system. Champion. Very good. Due to panchayat. News. District flavor all this can read and extremely well. But you cannot be using one side effects of registration of the country. What works in urban center what works at an incident. We educated person does not work on it. And uneducated person who may not have access to all smartphone. Government must look at the facts of population. But very very different operating system. I don't think rural people.
Final question. Follow. This way. And experience of member. Download to video. Updates recovered from its own. This channel life in true spirit. And when people find themselves with wedding. And it is when you get back. Not going to happen. And the rate of getting rid of them. Have you done Europe video post with recovery? What is the voice give to your people today? Are going through the eyes. And went to. Setting on voice. Wise for most wanted interactive whiteboard. But I don't respect. You need to understand what is happening in this time. How to make your life will need to make the house not getting into hyper real state. I feel that if you want your heart with never went into different kind of reaction. Having. What is the temperature of today? And you are quite well with yoga exercises and continue to be very careful about exercise.
Questions were made and so on and so forth. And exciting exercising very important. No the world. A would-be citizen. All the best commodities to have with respect to cope with. No. Diabetes another thing. But obesity is the biggest. You need to be very careful about your health about exercise. But in all, wear the mask. Thank you so much for giving me. Thank you all.
Especially now in school. Thank you so much for playing.