Utilize the input text as a context reference, choose the right relationship between Biocon and Kiran Mazumdar-Shaw from the options. Options: product/material produced, manufacturer, distributed by, industry, position held, original broadcaster, owned by, founded by, distribution format, headquarters location, stock exchange, currency, parent organization, chief executive officer, director/manager, owner of, operator, member of, employer, chairperson, platform, subsidiary, legal form, publisher, developer, brand, business division, location of formation, creator.

“The strong performance this quarter reflects the overall growth of our business backed by a combination of product sales and monetisation of R&D assets through licensing,” Biocon Chairperson and Managing Director Kiran Mazumdar-Shaw said.

Answer: founded_by