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There she met Leslie Auchincloss (Auchincloss), the owner of Biocon Biochemicals
Limited, an Ireland-based company. Auchincloss was planning to start a business in
India. The Irish company wanted to establish its operations in India to produce simple
bio-products from indigenous raw materials.
Excerpts
Looking Ahead
Without resting on her past laurels, Kiran has
moved onto even more challenging ventures
of developing insulin and drugs that can cure
cancer. With 120 mn diabetic patients
worldwide and 30 mn in India, diabetes had
emerged as an important area for disease
research. Biocon, through its subsidiary -
Clinigene, embarked on a longitudinal
research program in Type II diabetes.24 In the
later half of 2004, Biocon launched
recombinant human insulin under the brand
name 'Insugen.' The product pitted Biocon
against leading multinationals like Eli Lilly25
who had already lowered prices...