BioVoice News August 2016 Issue 4 Volume 1 | Page 32

expert corner BIOTECH COMPANIES JOIN THE ‘MAKE IN INDIA’ BANDWAGON The promising biotechnology sector has joined the India-centric manufacturing campaign in their own way if one goes by the recent big announcements made by few of the industry’s big players, writes Narayanan Suresh Serum Institute of India, Pune, already the world’s largest vaccine maker to increase production capacity by 50 per cent with Rs 2,000 crore investment Cipla, a global drug major from India, to plant Make in India label by setting up Africa’s first biological manufacturing unit in Durban, South Africa, at an investment of Rs 600 crore These are some of the big announcements from two of India’s top biological 32 BioVoiceNews | August 2016 manufacturers in the second half of July 2016. There also have been few significant moves by other biotech companies too in the last few weeks. Serum institute’s Rs 2,000 crore is a significant milestone because it is going to stamp the country’s authority in the complex field of vaccine manufacturing in the global market. Dr Cyrus Poonawala’s Serum already makes a record 1.3 billion doses of various vaccines that reaches far corners of the developing world. With the new investment, the manufacturing capacity will be boosted by another 500 million doses annually. So Serum will make a whopping 1.8 billion doses of vaccines a year soon. The new manufacturing facility is being set up at a Special Economic Zone created for biotech manufacturing by the company a few kilometers away from the existing campus. The manufacturing facility will have even more stringent standards because it is aimed at capturing two lucrative markets of Europe and the USA.