Serum Institute of India pares stake in another vaccine maker
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Serum Institute of India pares stake in another vaccine maker

By Joseph Rai

  • 14 Dec 2020
Premium
Serum Institute of India pares stake in another vaccine maker
Credit: Thinkstock

Serum Institute of India Pvt. Ltd, the world’s largest vaccine maker, has offloaded a fourth of its stake in another vaccine company that it had backed more than a decade ago. Pune-based Serum, part of the Cyrus Poonawalla Group, sold a total of 4.14% stake in Panacea Biotec Ltd via open-market ......

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