Serum Institute of India

Serum Institute of India (SII), established in 1966, is a prominent Indian multinational biotechnology and biopharmaceutical company headquartered in Pune, Maharashtra. It is renowned as the world's largest vaccine manufacturer by volume, producing over 1.3 billion doses annually. SII's extensive portfolio includes vaccines, biopharmaceuticals, generic drugs, and over-the-counter medications, serving approximately 170 countries worldwide. The company is a subsidiary of the Cyrus Poonawalla Group, with Adar Poonawalla serving as the CEO.

SII's investment strategy is multifaceted, encompassing both internal development and external partnerships. In April 2023, through its subsidiary Serum Institute Life Sciences (SILS), SII doubled its investment in Biocon Biologics to $300 million, enhancing access to 100 million vaccine doses annually and distribution rights to SII's vaccine portfolio. This strategic alliance aims to bolster global vaccine availability and affordability. Additionally, in May 2024, SII acquired a 20% stake in IntegriMedical, a med-tech firm specializing in needle-free injection systems, aligning with SII's mission to make healthcare accessible and affordable. This partnership seeks to revolutionize vaccine administration by reducing needle-stick injuries and improving patient comfort.

SII's investment philosophy emphasizes rapid response to global health challenges and technological innovation. The company has a proven track record of swiftly addressing infectious disease outbreaks, exemplified by its prompt delivery of investigational vaccines during the 2022 Sudan ebolavirus outbreak in Uganda. Furthermore, SII's collaboration with the Coalition for Epidemic Preparedness Innovations (CEPI) aims to enhance the production of affordable outbreak vaccines, contributing to global preparedness against future pandemics. Through these strategic investments and partnerships, SII continues to advance its mission of providing life-saving vaccines and medical solutions to populations worldwide.