Serum Institute open to small acquisitions, partnerships
- 6 years ago
Adar Poonawalla, executive director and chief executive officer of the world’s largest vaccine producer Serum Institute of India Ltd and scion of the $5.2 billion farms-to-pharma Cyrus Poonawalla Group, is committed to taking forward the strong healthcare legacy that his father (chairman Cyrus Poonawala) created over a period of five decades. “We have no intention to sell our company as it doesn’t make sense to sell a long-established business, which is our core strength, and get into something new that we don’t have any expertise in,” he said.
Edited excerpts from an interview.
Edited excerpts from an interview.