Showing posts with label Kiran Mazumdar-Shaw. Show all posts
Showing posts with label Kiran Mazumdar-Shaw. Show all posts

Friday, 22 September 2017

India To Be A Biotech Hot Spot


The last 70 years have been transformational for the Indian biotech industry, mirroring the nation’s own rapidly advancing economy and rising global status. We have successfully leveraged recombinant DNA technology to deliver biopharmaceuticals, vaccines, genetically engineered crops and enzymes. In doing so, we have created a notable bio-economy valued at $35 billion. 

We have embraced cutting-edge technologies, built global scale manufacturing capacities, and benchmarked our systems and strategies to global best practices. Currently, India is among the top 12 biotechnology destinations in the world and ranks third in the Asia-Pacific region. While our immediate goal is to build a $100 billion bio-economy in India by 2025, in the next 30 years, India aspires to become a biotechnology hot spot reputed for its high-value, low-cost innovations in bio-therapeutics including personalised and precision medicine, advanced enzyme technologies, GM crops and bioinformatics.  

The success of India’s biotechnology industry can be traced to the pioneering spirit of entrepreneurs who leveraged a nascent technology and India’s cost-effective scientific talent pool to bring affordable innovations to the market. Its evolution over the decades mirrored the country’s growing confidence in life sciences. While the 1980s were the decade of enzymes, the next decade saw vaccines gaining prominence as a business segment. The emergence of genomics research companies in the 2000s was followed by Novel biologics and biosimilars making an impact from 2010 onwards.

I started Biocon as India’s first biotech enterprise in 1978 in a garage in Bengaluru to manufacture industrial enzymes for food and textile industries around the world. The initial years were tough as I encountered market scepticism, funding challenges, infrastructural hurdles, manpower issues and government apathy. I persevered because I believed biotechnology was the technology of the future with the potential to deliver transformational change.

By the mid-1980s, Biocon had evolved as the largest enzymes company of India pursuing an R&D-led biotech business. As few more biotechnology-based companies started coming up, it caught the attention of the government and, in 1986, the Department of Biotechnology (DBT) was established. I was privileged to be invited to be a part of the DBT’s Task Force, which helped articulate the regulatory framework for the industry. Recombinant technologies were at the fulcrum of regulations covering vaccines, genetically modified crops and biopharmaceuticals. 

Biocon’s stock market debut in 2004, as the first biotech company in India to go public, commanded a premium valuation. It led to the development of a biocluster in Bengaluru, attracting a number of large and small biotech companies. These included Strand Genomics, a bioinformatics company; Gangagen, a phage-based antibiotic company; Reametrix, a whole blood-based diagnostics instrumentation company; Syngene, which spearheaded research services; and Bio-IT companies like Genotypic Technology, BigTec and Molecular Connections. The cluster also spurred the growth of ancillary biotech companies. 

The disruptive power of Indian biotechnology innovation grabbed the attention of the world in the late 1990s when companies like Shantha Biotechnics, Bharat Biotech, and Serum Institute started producing and supplying vaccines at a fraction of the cost of western drug makers. Today, ‘1 in 3’ children globally are immunised with a ‘Made in India’ vaccine. 

Having built a strong base of indigenous R&D capabilities and excellent clinical trials and manufacturing infrastructure, the industry started developing biotech-based drugs or biologics. Taking the lead, Biocon introduced India’s indigenously developed recombinant human insulin using a proprietary fermentation technology in 2004 and, along with Wockhardt, was able to break the monopoly of innovators in insulins by offering indigenously manufactured affordable alternatives, thus enhancing access to this life-saving therapy. 

Over the years, Biocon has successfully launched two novel biologics and five biosimilar products aimed at cancer, diabetes and autoimmune diseases, making these advanced therapies available to a large patient population. Today, there are a select few companies such as Dr. Reddy’s Labs, Zydus Cadila, Intas Pharma, Reliance Life Sciences, Lupin, etc., which are active in the area of complex biologics/biosimilars. The biotechnology sector is evolving fast and it promises to transform healthcare, agriculture and environmental management, leading to the dawn of the ‘Biotechnology Age’. 

By 2030, the Indian bio-economy sector is expected to attain a size of $200 billion. I foresee the intelligent use of data to transform global health. India’s highly developed software skills offer a unique Bio-IT opportunity to mine, analyse and interpret data and create algorithms that can match therapies with the diagnosis. There is also considerable excitement over the promise of targeted genome editing technologies like CRISPR CAS9, which can potentially prevent several diseases, including some cancers, and prevent specific genetic anomalies from being passed on to future generations. 

I believe, by 2050, cancer will become manageable through advances in the field of immuno-oncology, which works by stimulating an immune response against malignant tumours, thus replacing the need for chemotherapy and radiotherapy. 

Biotechnology in agriculture and farming has the potential to address numerous challenges associated with food security in India. Just as the commercial cultivation of genetically modified cotton in India, starting 2002, helped convert the country from a net importer to a net exporter of cotton, selective propagation of genes that improve yields and are resistant to pests, flooding and drought, could make food cheaper, more nutritious and abundant. 

Bioremediation techniques, which offer a cheaper alternative to conventional cleaning technologies, can be used to address the impending global crisis in the area of water and energy. Application of technologies like the ones being developed by Sea6 Energy, will help harness the potential of the oceans to provide solutions in energy, agriculture and feed, thus helping restore the ecological balance.


This article originally appeared in September 2, 2017 issue of Business World Magazine.

Wednesday, 7 May 2014

The Language Conundrum

Image Courtesy: http://bit.ly/1niiYQ2

The Supreme Court’s decision to stop the Karnataka government from imposing Kannada as the medium of instruction in all primary schools of the state should be viewed pragmatically and not emotionally.

We now live in a global village where English is the most essential language for global business success. Estimates show that 2 billion people worldwide will be learning English by 2020. As India’s integration with the global economy picks up pace, new job opportunities will be created wherein strong English language skills will be a key requirement. Denying our children the opportunity of picking up English language skills now would have put them at a competitive disadvantage later when they would have entered the job market.

Preventing children from accessing English language education in their formative years is not only irresponsible but irrational.

The misconception here seems to be that an overemphasis on English in schools would erode Kannada language skills in young people and hamper their ability to communicate in their mother tongue.

However, that line of thinking is completely fallacious. Scientific studies have shown that between birth and the age of ten or eleven, the human brain makes new connections all the time and that gives children the ability to quickly pick up many new skills, including multiple languages. This means that schools can simultaneously use both Kannada and English as their medium of instruction.

Therefore, insisting on using Kannada to the exclusion of all other languages in primary schools is imprudent.

Just look at what our neighbouring states are doing. To improve the teaching of English language in the state, the Maharashtra government has tied up with the British Council of India for the Maharashtra English Language Initiative for Primary Schools, under which thousands of primary school teachers have received training. Does this mean the people of Maharashtra are less devoted to their mother tongue? I don’t think so.

Cultural chauvinism is misplaced in today’s world. That is not to say that we should ignore our language and culture. Preserving our language and culture is important, but so is ensuring our economic competitiveness.

Karnataka is known for its visionary policies that have established Bangalore as the IT and BT capital of India. In that context, making Kannada the sole medium of instruction at the primary level would have been a very regressive step with the potential of undermining Karnataka’s standing as an economically progressive state.