Cipla partners with Serum Institute to provide vaccines in South Africa

With this, two companies will expand their partnership, which already exists for European and Indian markets, to a new market of South Africa

Cipla partners with Serum Institute to provide vaccines in South Africa
BS B2B Bureau Mumbai
Last Updated : Oct 08 2015 | 2:59 PM IST
Cipla Medpro (Pty) Ltd, the Mumbai-based Cipla Ltd’s South African subsidiary, has entered into an exclusive agreement with the Pune-based vaccine manufacturer Serum Institute of India (SII) to provide vaccines in South Africa. The aim of the partnership is to enable affordable and accessible vaccines for South Africans, and facilitate a reliable supply stream to the South African Government.
 
Paul Miller, CEO of Cipla Medpro, South Africa, said, “This agreement will enable Cipla Medpro to become a significant player in the market. With a presence in 140 countries and 1.3 billion doses manufactured and sold, Serum Institute is an ideal ally for Cipla Medpro and this partnership will be instrumental in addressing the national vaccine shortage.”
 
Serum Institute manufactures a variety of vaccine classes including vaccines for polio, diphtheria, tetanus, BCG (tuberculosis), hepatitis B, measles, mumps and rubella; South Africa will be participating in the majority of these portfolios.
 
Michel Baijot, head of vaccines, Cipla Ltd, added, “This Cipla Medpro-SII agreement reflects again the complementarities of our two like-minded companies in bringing high quality, affordable vaccines to more countries.”
 
The agreement stipulates that Cipla Medpro will become the holder of all Medical Control Council (MCC) regulatory approvals such as product registrations and marketing authorisations. Cipla Medpro has exclusivity and first right of refusal of the Serum Institute pipeline within South Africa.
 
Adar Poonawalla, CEO and executive director, Serum Institute, commented, “SII is looking to extend the strong partnership it has with Cipla in Europe and India by working with Cipla Medpro in South Africa.”
 
Miller added, “We are confident that this agreement will support the Department of Health in rolling out its expanded immunisation program. Cipla Medpro will continuously look to partner with organisations that are aligned with the company’s ethos of advancing healthcare for all.”
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Oct 08 2015 | 2:56 PM IST

Next Story