Biotech India: The promise of disease-resistant bed sheets, and more

b_179_129_16777215_00_images_IND151215aa002.jpegIn 1978, when Kiran Mazumdar-Shaw was just 28 years old, she decided to start a biotechnology company in the basement of her rented house in Bangalore with 10,000 rupees, or about $200, in seed capital – she had approached banks to lend more to her company Biocon but most bankers didn't even know what biotechnology meant.

"I faced multiple challenges: For one I am a woman, for another I was trying to set up this unknown type of company that would invent new molecules – no one was willing to fund it," she said.

Read more at The Globe and Mail 

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