Serum Institute's acquisition of the government-owned Dutch manufacturer of monoclonal antibodies and vaccines, Bilthoven Biologicals, is expected to change the market dynamics for injectable polio vaccines, the capability and technology for which is currently vested in just three global facilities. The buyout will also provide the Indian firm with a manufacturing foothold in the West, boosting its plans to expand into Europe and the US.
Adar Poonawalla, Serum's executive director and son of founder-chairman Dr Cyrus Poonawalla, told Scrip that Serum hopes to bring down significantly the cost of the injectable polio vaccine, which is seen as the best hope for the eradication of the virus. "If it's being sold for about €2
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