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DR. CYRUS POONAWALA
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DR. CYRUS POONAWALA

cyrusCHAIRMAN AND MANAGING Director – Serum Institute of India

Dr. Cyrus S. Poonawalla, Chairman and Managing Director, Serum Institute of India, who pioneered the development of affordable life-saving vaccines and is counted among the largest vaccine manufacturers worldwide was named the EY Entrepreneur Of The Year 2014 recently.

Born into a family whose decades-old ties to India’s horse racing circuit through the family’s owned Poonawalla Stud Farms, by age 20, Dr. Poonawalla realized that horse racing had “no future in the socialist India of the time.” And first experimented with cars. along with his school friend he built a $120 prototype sports car modeled on the D-type Jaguar. But producing it on a commercial basis required more money than they had. Dr. Poonawalla abandoned the idea, realizing that making a product for the masses, rather than India’s elite, would be a smart move.

From the inception Serum Institute Of India, Dr. Poonawalla’s primary concept was not only to make life-saving drugs and vaccines, which were in shortage in the country, but also to see that every child was protected. At that time his dictum was “Health for all by 2000 AD”. The resultant effort was the National Program of Immunization, which is largely dependent on the vaccines manufactured by Serum Institute and now that philosophy has proliferated worldwide to International U.N. Agencies.

By 1998 Serum Institute was exporting vaccines to over a 100 countries and by 2000 one out of every two children in the world was vaccinated by a vaccine of Serum Institute of India. Serum Institute has established the most modern laboratories with hightech machinery and computerized equipment for the production and testing of its life saving biologicals. Dr. Poonawalla’s strong belief in “No Compromise with Quality” and willfull commitment in “Health for All with affordable Vaccines” has today lead Serum Institute to become India’s leading biotech company producing over a billion doses a year that sell in more than 140 countries around the world.

Key attributes:

1. He pioneered the development of affordable life-saving vaccines and is counted among the largest vaccine manufacturers.

2. His primary concept was not only to make life-saving drugs and vaccines, which were in shortage in the country, His dictum was “Health for all by 2000 AD”.

3. Dr. Poonawalla’s strong belief in “No Compromise with Quality” and willfull commitment in “Health for All with affordable Vaccines” has today lead Serum Institute to its hieghts.

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