SII CEO will buy stake through his production company, Serene Productions -- another major investment outside pharma sector after picking up 20% of social media platform Wakau Interactive in 2021.
The Serum Institute CEO’s tweet came a day after the Health Ministry urged states to ramp up the genome sequencing of positive samples to keep track of newer Covid variants.
The CEO said that the production of India's 1st indigenously developed quadrivalent Human Papillomavirus (HPV) vaccine will supply 1 to 2 million doses per month to the govt.
Thirteen other noted personalities including Serum Institute of India CEO Adar Poonawalla and Tata Sons Chairman N Chandrasekaran were also awarded under various categories by AIMA.
CEO of world’s largest vaccine maker says India is better equipped to deal with pandemics now, adds a global treaty is important to allow resource-sharing across borders.
Speaking at a conference Tuesday, Serum Institute of India's CEO Adar Poonawalla said the Covovax vaccine is under trial & would offer protection to children as young as 3 years.
Modi is one of three Indians on Time’s 100 Most Influential list. The only other Indian politician on the list is West Bengal Chief Minister Mamata Banerjee.
Under the deal, Biocon Biologics Ltd (BBL) will offer approximately 15% stake to Serum Institute Life Sciences at a post-money valuation of about Rs 35,000 crore.
While the commission didn’t mention provisions under which IndiGo's market domination would be examined, Competition Act 2002 prohibits abuse of dominant position by any enterprise.
It is argued that India-Israel ties are moving from buyer–seller dynamic to one focused on joint development & manufacturing partnership, a shift 'more durable' than traditional arms sales.
Don’t blame misfortune. This is colossal incompetence and insensitivity. So bad, heads would have rolled even in the old PSU-era Indian Airlines and Air India.
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