Skip to main content

The Story of India's largest Vaccine maker ' Serum institute of India PVT. LTD.

 From stables to laboratories

The Story of India's largest Vaccine maker


When Cyrus Poonawalla Began his career

It was 1966, Indian businessman Cyrus Poonawalla, who was born into a family of horse breeders, wanted to diversify the family business. Cyrus Poonawalla owned one of the leading stud farm in India and had decades old ties with horse racing. Yet he saw no future in his family business he wanted his own unique and creative business that is last long, and gave his success that he want from the beginning.


At the time, retired horses of the farm were sent to a government owned institute for vaccine production. But that time one question came in his mind "how did horses have anything to do with vaccines?"


It turns out a horse's serum is an integral component in vaccines for a few diseases, including tetanus. The word 'Serum', means a clear liquid derived after separating blood. 


Naturally, when Cyrus Poonawalla realized the potential market for the vaccine, he set out to creat a manufacturing hub of his own company. Cyrus Poonawalla began extracting horse serum and producing vaccines on a large quantities. And with small investment of $12,000 he launched the Serum institute of India (SII)


SERUM INSTITUTE OF INDIA PVT. LTD.

(Cyrus Poonawalla group)


"We reach more children than Coca-Cola and PepsiCo can ever hope to", this word said by Cyrus Poonawalla, while taking pride in thier supply chain. Serum institute of India now holds the title for the world's largest vaccine maker by the number of doses produced and sold. SII supplies an estimated 1.5 billion doses on an annual basis to 170 countries.


Currently Serum institute of India is the frontrunner in India's Covid Vaccine race, It is in an argument with AstraZeneca to produce over a billion COVID-19 vaccine doses for low and middle income countries. The stupendous growth can be attributed to its efforts of constantly scalling up capacity. Cyrus Poonawalla went ahead to become 6th Richest man in India in 2020 and countines as the chairman of Serum institute of India.

Labels:

Comments

Post a Comment

If you have any problem let me know

Popular posts from this blog

POSIBLE PROBLEM OF DRIVING LICENCE APPLICATION IN SARTHI PARIVAHAN, RTO GUJARAT, SADAK PARIVAHAN

  SARTHI PARIVAHA, MINISTRY OF ROAD TRANSPORT AND HIGHWAY, SADAK PARIVAHAN PROBLEMS FACING WHILE SUBMITTING DRIVING LICENSE APPLICATION 1. NEED TO LEARN RULE AND TRAFFIC SIGNAL INDICATION              When you fill your application of driving license in SARTHI PARIVAHAN SEVA, the first thing you need to do is be prepared; you need to learn traffic rules and regulations. You need to learn traffic signboards and signal notification. There are many books available for the traffic rules and regulations as per Indian traffic rules and Regulations. Remember all the traffic signals and an indication system. Some of the signals you know but many more signals are too tricky. If you are driving in the city, you are not used to National Highway then you have no idea about National Highway's indication and rules about signals. At the domestic level you know all the rules and regulations at a basic level but, but you need to also be aware of the indication board of National Highway and it
9 comments
Read more: Click Here

Connection between Reliance and L&T associated with Dhirubhai Ambani

What is the story behind Dhirubhai Ambani's attachment with L&T company and its shares L&T logo: The beginning of the story Everything started back in 1987. When Manu Chhabria an Indian born Dubai based businessman picked up 1% stock in L&T.  Manu Chhabria was also known for his hostile takeovers of Indian business. He had already made his name by taking over Dunlop, Shaw Wallace, etc. When the news of Chhabria cornering 1% share of L&T was out. There was fear everywhere in the company.  Then Dhirubhai Ambani came to rescue. N M Desai, the erstwhile chairman of L&T approached Dhirubhai Ambani for rescue..With this Sensing an apportunity, Dhirubhai Ambani picked up 18.5% share of L&T in 2 year by spending around Rs. 192 Crore. With this the threat from Chhabria was neutralised and everyone thought this was happy ending. With 18.5% stack in L&T, Dhirubhai got seats for him and his sons in board of directors. Dhirubhai was elected a chairman of L&T. And
Post a Comment
Read more: Click Here

WORLD POPULATION CHALLENGES IN NEXT 2 DECADES, Globe report

 World Pupulation challenges in next 2 decade that we all have to worry about World population is a topic that has captured the attention of people for decades, and for good reason. As the number of people on our planet continues to grow at an alarming rate, concerns are being raised about the potential consequences for our environment, economy, and society. In this essay, we will explore the current state of the world population, the factors that have contributed to its growth, and the challenges and opportunities that lie ahead. According to the United Nations, the current world population is approximately 7.9 billion people, and it is expected to reach 9.7 billion by 2050. This rapid growth is largely due to advances in medicine and technology, which have led to a decline in mortality rates and an increase in life expectancy. In addition, improvements in agriculture and infrastructure have made it easier to produce and distribute food, water, and other resources, enabling more peopl
Post a Comment
Read more: Click Here