
Kiran Mazumdar-Shaw
About Kiran Mazumdar-Shaw
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.
Personal stats
Citizenship
IndiaSource of wealth
BiopharmaceuticalsResidence
Bangalore, IndiaMarital status
WidowedBirth date
03/23/53 (age 73)Education
Bachelor of Arts/Science, Bangalore University; Master of Science, Melbourne UniversitySelf-made
self-madeKiran Mazumdar-Shaw’s fortune is worth

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median U.S. household

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Annual ranking
Did you know?
Her philanthropic initiative, Mazumdar Shaw Medical Center, aims to create a sustainable, affordable cancer care model.
Net worth over time
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Financial assets
NASDAQ | BCAX-US
Bicara TherapeuticsBSE INDIA | 532523-IN
BioconBSE INDIA | 539551-IN
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