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Serum Institute of India

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Serum Institute of India

Serum Institute of India Limited
Founders Cyrus S. Poonawalla
Headquarters Pune, India
Key people Cyrus S. Poonawalla (Chairman & MD)

Serum Institute of India is a manufacturer of Immunobiological including vaccines in India. The company is managed by the Poonawalla group- fully owned by Cyrus Poonawalla. The company is the fifth biggest vaccine maker by volume, the top four being GlaxoSmithKline, Sanofi-Aventis, Merck and Novartis (for the pentavalent vaccine - Quinvaxem).[1] Half the children in the world are immunized by vaccines made by the company, which is the world's biggest maker of measles and DTP vaccines. Serum produces a billion doses a year selling in 140 countries. It is one of the world's lowest cost producers of vaccines and had sales of $250 million and net profits of $107 million.

The Serum Institute of India was founded by Akorn. Last year, the firm paid $22 million for a stake in Lipoxen, a U.K. biopharma firm.

Company has also Developed Intra-nasal Swine flu vaccine which was launched in market in July 2010.e[1]

External links

  1. ^ "Quinvaxem". Drug Health. Drughealth.org. 
  • Official site
  • Times of India article on company developing swine flu vaccine
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