1. Biocon Limited

2. HISTORY
 Established in 1978, focusing on development on
BIOPHARMACEUTICALS
 Syngene, India’s first biotech custom research
company in drug discovery
 First company to manufacture human insulin using a
Pichia expression system
 India’s first billion dollar biotech company

3. Beginning
 Collaborated with irish firm Biocon international
 Kiran owned 70% and Auchinloss(bioconint.) owned
30% of equity
 Started Biocon India from her garage.
 Initial Capital Rs 10,000
 Started extracting enzyme (papain) from papaya &
isinglass(fishmoss)
 Export to irish firm
 Novel product patenting e.g:Enzyme to clarify tea

4. Hurdles
 Financing regular operations
 Approached financial institutions, but turned down, coz:
Biotechnology is a new word
 No assets for company
 Woman entrepreneur is a rare word
 Recruiting staff
 Only well qualified people
 In1985,
 Employees join communist labor union
 Kiran automated the whole plan

5. BREAK THROUGH
 Switched from “uninspiring low technology” to high
end technology
 New technology replaced tray based conventional
culture
 Plafractor Bioreactor: all m.o processes in a
computerized closed system
 Acted as a technology bridge (platform technology)
 Enabled biocon to cross from ind. Enzymes to
biopharmaceuticals
 Started R&D in immunosuppressants (reduce immune
rejections)

6. N R Narayana Murthy
FOUNDER & FORMER CEO OF INFOSYS SYSTEMS

7. Background
 Born at Mysore, graduated from NIT Mysore and post graduated from IIT Kanpur
 Worked as chief systems programmer at IIM Ahmedabad
 Started his own company named Softronics in 1976
 When company failed he joined Patni computer systems in Pune
 After settling down in Pune he founded Infosys in 1981, with initial capital injection of Rs
10000 which was funded by his wife Sudha Murthy
 He was the CEO of Infosys for around 21 years and was succeeded by his cofounder
Nandan Nilekani in 2002
 Murthy serves as an independent director on the corporate boards of HSBC and has served
as a director on the boards of DBS Bank, Unilever, ICICI and NDTV.
 He also serves as a member of the advisory boards and councils of several educational
and philanthropic institutions, including Cornell University, INSEAD, Ford Foundation, the UN
Foundation.

8. Circumstances
 Murthy, a self proclaimed socialist in the mid '70s was jailed for 72
hours in Bulgaria
 A leader needs to show his or her sacrifice and commitment
 Trust in God, But Verify with Data
 Keep the Faith
 Infosys won a contract from Reebok in the early '90s
 Hire a Good Accountant, Even if he is Argumentative

9. What he did differently?
 Decided to share a portion of its equity with employees
 Leave the Family Out
 Don't be a Pushover
 Brand-aid First, Get Clinical
 Founders Keepers, but Not Forever

10. Thank You..!!
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