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India’s Biotech Queen-
The Economist and
Fortune
India’s Mother of Invention- New York Times
ALL FOR THIS ONE
MOMENT
- KIRAN MAZUMDAR SHAW
Kiran Mazumdar Shaw – The Timeline
Answer 1 Prerequisites of a successful entrepreneur:
PROBLEMS FACED
ANSWER 2First mover advantage was definitely there as she had no threat of competitionMore than the advantage there was risk of losing everything
Characteristics of Leadership:
According to Mc Clleland’s theory of Needs:1. Need for achievement2. Need for power3. Need for affiliation
ANSWER 3 The Indian biotech industry has close to 200
biotechnology companies The Asia-Pacific region accounts for almost
15-20 percent of their world-wide sales revenues, and their India business contributes almost 8-10 percent of the Asia-Pacific sales.
Reasons for shift towards India: 1. India is a very attractive and growing market2. To leverage the skilled manpower in India. 3. India positioned to be a global player
ANSWER 3 Challenging ventures such as developing
insulin and drugs to cure cancer Emphasis to diabetes Expansion of production capacity,
development of biological business and commercialization of biopharmaceuticals
Expansion of organization size through strategic partnerships, M & As in order to achieve economies of scale
ANSWER 4
The Other Side of the Coin
What has changed since these years? Is the attempt enough or is there more that is yet to be done?
CONCLUSION
Team - Charon