By CNBC-TV18 Mar 8, 2019 10:12:45 AM IST (Published)
The Hurun Research Institute and Mini World on Thursday jointly released a list of the self-made women billionaires in the world and Biocon founder Kiran Mazumdar-Shaw is the only Indian who made it to the list.
The Hurun Research Institute and Mini World on Thursday jointly released a list of the self-made women billionaires in the world and Biocon founder Kiran Mazumdar-Shaw is the only Indian who made it to the list.
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The 66-year old Shaw, ranked 11th in the list, founded India's largest biopharmaceutical firm Biocon in 1978.
The firm has successfully forayed into the lucrative US biosimilars market, catching the attention of investors and creating a surge in market cap. Biocon became the first company to gain approval from the USFDA for two different biosimilars of drugs used in certain cancer treatments.
China topped the list with 51 female entrepreneurs, followed by the US and the UK.
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