3min chapter

WTF is with Nikhil Kamath cover image

Ep #7 | Who is Kiran Mazumdar Shaw Really? And WTF is Biotech?

WTF is with Nikhil Kamath

CHAPTER

The Importance of Recombinant Human Insulin in Entrepreneurship

India was importing all our insulin. Most 90% of those insulin were animal insulin, derived from extracting the pancreas of cows and pigs. Recombinant DNA recombinant human insulin was way beyond the reach of most patients in India. It was 10 times the price of animal insulin. So I said, look, I've got to do something about this. In 2004, I launched India's first recombinanthuman insulin. And I brought the prices crashing down so much that I forced the innovator brands to also come down to my pricing. Now, of course, nobody uses animal insulin.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode