Kiran Mazumdar-Shaw
$3.6B
Born
Mar 23, 1953
Age
72
Source of Wealth
Biopharmaceuticals
Residence
,
Citizenship
India
Marital Status
Widowed
Children
0
Education
Bachelor of Arts/Science, Bangalore University; Master of Science, Melbourne University
- Kiran Mazumdar-Shaw, one of India's richest self-made women, founded biopharmaceutical firm Biocon, in 1978. The firm has successfully forayed into the lucrative U.S. market, and it also has one of Asia's largest insulin factories in Malaysia's Johor region.
- In December 2025, Biocon announced that it is buying the rest of privately held subsidiary Biocon Biologics to consolidate its biosimilars and generics drug businesses. The deal values Biocon Biologics at $5.5 billion, it said.
- Biocon Biologics acquired the biosimilars business of U.S. drugmaker Viatris in 2022 for $3.3 billion.
- In 2022, the Central Bureau of Investigation arrested a Biocon Biologics executive and four others in an alleged bribery case. The company denied any wrongdoing.
- Biocon-backed cancer therapy company Bicara Therapeutics raised $362 million in an IPO on the Nasdaq in September 2024.
- Mazumdar-Shaw wanted to be a doctor but couldn't get into medical school.
- In 2019, she and late husband John Shaw, donated $7.5 million to the University of Glasgow to create a research hub and a professorial chair of precision oncology.
- In 2024, she was bestowed the Jamsetji Tata Award by the Indian Society for Quality for pioneering biosciences movement in India.
- Her philanthropic initiative, Mazumdar Shaw Medical Center, aims to create a sustainable, affordable cancer care model.
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