
Mazumdar-Shaw’s bold biotech mission: Affordable, accessible healthcare
From McKinsey Future of Asia by McKinsey & Company
September 2, 2025 · 34 min · Episode 71
About this episode
Kiran Mazumdar-Shaw discusses her journey in building a successful biotech company in Asia amidst various challenges.
Biotech entrepreneurs across Asia are navigating funding gaps, weak innovation ecosystems, and unpredictable regulatory systems. For many, these challenges make it difficult to scale science-led businesses and deliver affordable healthcare solutions. In this episode, host Gautam Kumra, Chairman of McKinsey Asia, sits down with Kiran Mazumdar-Shaw, Founder & Chairperson, Biocon Group. They discuss how she overcame a lack of funding, limited infrastructure, and regulatory hurdles to build one of Asia’s first and most successful biotech companies — pioneering affordable biosimilars, shaping biotech policy in India, and scaling purpose-driven innovation from the ground up. The episode also features McKinsey partner Cheryl SH Lim, and Director of Learning, CEO Institute, Jennifer Chiang. See www.mckinsey.com/privacy-policy for privacy information
People in this episode
Host: Gautam Kumra
Guests: Kiran Mazumdar-Shaw, Cheryl SH Lim, Jennifer Chiang
Topics covered
- biotech
- healthcare
- innovation
- regulatory systems
Keywords
- biotech policy
- innovation ecosystems
- affordable healthcare
- biosimilars
Mentioned in this episode
Products: Biocon Group
Places: Asia, India
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