Professor Peter Piot joins the Board of Biocon Biologics Limited

Biocon Biologics Ltd., a fully integrated ‘pure play’ biosimilars company and a subsidiary of Biocon Ltd. has announced that it has inducted Professor Peter Piot to its Board as an Independent Director.

Ms Kiran Mazumdar-Shaw, Executive Chairperson, Biocon, said: “I welcome Professor Peter Piot to the Biocon Biologics board. He brings years of scientific expertise, long experience in public health interventions and policy framing on major health issues. His thought leadership and invaluable experience in global healthcare will greatly guide our actions in building Biocon Biologics into an innovative global leader in biosimilars committed to delivering affordable access to life saving Biologics.”

On his decision to join the Biocon Biologics board, Professor Peter Piot said: “I am delighted to join dynamic Biocon Biologics and its vital mission of bringing the products of innovation to those who can benefit from them. The world over governments are challenged to contain the spiralling healthcare costs and companies like Biocon Biologics are committed to pursue the path of innovation that enables affordable access to patients globally and in turn helps healthcare systems lower their spends. With several exciting biosimilar molecules in its pipeline, I believe Biocon Biologics has the potential to be truly disruptive in addressing a global need for high quality, affordable biosimilar therapies to treat chronic diseases like diabetes and cancer and save many lives.”

Professor Piot has been appointed to the board of Biocon Biologics Limited for a period of three years starting January 21, 2021.

Professor Piot was part of the team that isolated the Ebola virus in Zaire in 1976. He also led pioneering research on HIV/AIDS, women’s health and infectious diseases, mostly in Africa. He was the founding Executive Director of UNAIDS and Under Secretary-General of the United Nations from 1995 until 2008, bringing AIDS to the forefront of the world’s agenda, and ensuring access to life saving antiretroviral medicines.

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Arya has been a part of the Content & Research Team at Hrnxt.com. She is a keen observer of  economic developments, emerging businesses, people in business and keeps a tab on latest happenings in the business environment.

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