New Delhi, May 5 (IANS) Claire Mazumdar, a US-based biotech entrepreneur and CEO of a Nasdaq-listed firm, on Tuesday identified as the future successor to Kiran Mazumdar-Shaw at Biocon, marking a key step in the company’s long-term leadership transition.Kiran Mazumdar-Shaw, founder and chairperson of Biocon, said she has formally charted a succession plan and chosen her niece Claire to eventually take over the reins of the company. She noted that as the sole owner of Biocon, it was important t…
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New Delhi, May 5 (IANS) Biocon founder Kiran Mazumdar-Shaw has named her niece Claire Mazumdar as her successor, outlining a formal succession plan for the biopharmaceutical company, according to a report.In an interview with Fortune India, Mazumdar-Shaw (73) said she sees Claire (37) as the right person to lead Biocon, a leading biopharmaceutical firm, into its next phase of growth.“I am the sole owner of Biocon, and I need to make sure that I put it in good hands. I have seen my niece Claire…