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"Earn As You Learn"

  • Biocon was founded on November 29, 1978. It was the start of a medical revolution in India. All thanks to none other than Kiram Shaw (CEO of Biocon) with the help of Biocons Biochemicals Limited, located in Ireland. Biocon began manufacturing and exporting Papain, a plant enzyme, and Isinglass, which are key elements for the pharmaceutical brewing industry.
  • Biocon was the first company located in India to manufacture and export certain enzymes to the United States of America and Europe in 1979. A year after it was founded.
  • Recently in 2013, Biocon partnered with a company by the name of CytoSorbents to market CytoSorb. CytoSorb is a first class medicinal way to prevent multiple organ failure. Which is the leading cause of death in the Intesive Care Unit (ICU)

Biocon recently celebrated its thirty-fifth anniversary!

To Pursue Clinigene

To not pursue the promise of Clinigene

Cons

  • Biocon would suffer a detour

Pros

  • If Clinigene failed, and proved to not be profitable its failure could still somehow have a sense of victory. Since the subsidary could rapidly grow, but might damage the whole culture which is Biocon

Cons

  • May distract Biocon from more important tasks
  • Precious resources will go to waste all because Kiram Shaw wanted to enter a field where Biocon had little to no experience
  • Time consuming

Growing up...

Due to Biocon's expertise in manufacturing enzymes they established Syngene, a subsidiary contract research organization (CRO) which serves their pharmaceutical global market. In the early year of 2003, Biocon had employed 800 people and collected 75 million U.S. dollars in annual revenues. Everything was going well, until Kiran Shaw was left with a decision about what would benefit the future of her company.

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