Betting the Pharma: When Kiran Mazumdar-Shaw started Biocon in 1978, she had to beg banks in India for a line of credit. “There was no venture capital,” she says. “I was considered to be a ...

Shares of Bicara Therapeutics—a biopharmaceutical company backed by Indian billionaire Kiran Mazumdar-Shaw—surged about 42% from its IPO price in its first week of trading on Nasdaq as ...