Kiran Mazumdar-Shaw Receives Coveted ‘Othmer Gold Medal 2014'

Bangalore, Karnataka, India- Business Wire India 
Biocon Ltd, Asia's premier biotechnology company, announced today that its
Chairperson and Managing Director, Kiran Mazumdar-Shaw, received the ‘Othmer
Gold Medal 2014' on Thursday, May 15, in Philadelphia, Pennsylvania, USA. 
Established by the Chemical Heritage Foundation (CHF) in 1997, the annual award
honors outstanding individuals who have made multifaceted contributions to
chemical and scientific heritage through outstanding activity in such areas as
innovation, entrepreneurship, research, education, public understanding,
legislation or philanthropy. 
Kiran Mazumdar-Shaw is the third woman to receive the Othmer Gold Medal and the
first Indian to make it to this prestigious group. Nineteen people have been
conferred with this honor till date, including Arnold O. Beckman, Carl Djerassi,
Mary Lowe Good, Harry B. Gray, Jon M. Huntsman, Kazuo Inamori, Robert S. Langer,
P. Roy Vagelos, James D. Watson, George Whitesides and Ahmed Zewail. 
Carsten Reinhardt, President & CEO, CHF, handed over the Foundation's top award
to Ms. Mazumdar-Shaw during CHF's Chemical Heritage Day celebration that
culminated with the presentation of the Othmer Gold Medal. 
The CHF lauded Kiran Mazumdar-Shaw's pioneering efforts in biotechnology and for
scripting a hugely successful entrepreneurial story by drawing on her knowledge
of fermentation science to build Biocon, India's first biopharma company. 
Accepting the award, Kiran Mazumdar-Shaw, CMD - Biocon, said, "I am deeply
grateful to the Chemical Heritage Foundation for awarding me the Othmer Gold
Medal 2014.  This is an honour akin to being invited to join an extraordinary
league of scientists, engineers, entrepreneurs, thought leaders and
philanthropists, an emotion that is both proud and humbling at the same time. 
As an entrepreneur who is driven by a sense of purpose to make a difference to
global healthcare, I take pride in saying that Biocon is contributing to
affordable innovation which goes to the core of ensuring a global right to
healthcare. In this, we seem to be drawing lessons from Donald Othmer's
practical and low-cost approach to innovation.” 
A pioneer of the biotechnology industry in India, Ms. Mazumdar-Shaw has made her
country proud with a globally recognized biopharma enterprise - Biocon. Under
her stewardship, Biocon has evolved into India's largest biopharma company
committed to innovation and affordability to deliver world class therapeutics to
patients across the globe. 
About the Othmer Gold Medal: 
The medal is presented annually and cosponsored by CHF and four affiliated
organizations: the American Chemical Society (ACS), the American Institute of
Chemical Engineers (AIChE), the Chemists' Club, and the Societe de Chimie
Industrielle. The medal commemorates Donald Othmer (1904-1995), noted
researcher, consultant, editor, engineer, inventor, philanthropist, professor,
and coeditor of the Kirk-Othmer Encyclopedia of Chemical Technology. 
About the Chemical Heritage Foundation: 
The Chemical Heritage Foundation, located in Philadelphia, is a
collections-based nonprofit organization that preserves the history and heritage
of chemistry, chemical engineering, and related sciences and technologies. The
collections are used to create a body of original scholarship that illuminates
chemistry's role in shaping society. 
Photo Caption: Kiran Mazumdar-Shaw, CMD- Biocon, with Carsten Reinhardt,
President & CEO, Chemical Heritage Foundation, after receiving the ‘Othmer
Gold Medal for 2014'  at  a ceremony in Philadelphia, Pennsylvania, USA, on
Thursday May 15, 2014 
Media Contact Details 
Seema Ahuja, Head-Corporate Communications, Biocon Limited, +91-9972317792, 
Rumman Ahmed, Manager-Corporate Communications, Biocon Limited, +91-9845104173, 
Contributed via: Bloomberg Publisher WEB Service 
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-0- May/16/2014 12:48 GMT
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