Kiran Mazumdar-Shaw’s booming drug business started not in a laboratory but in a tin-roofed shed in Bangalore. Inside, the 25-year-old was using the knowledge she had learned studying beer ...

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 ...