Serum Institute acquires Czech arm of Nanotherapeutics for €72 million

Serum Institute of India acquired the Czech arm of US-based Nanotherapeutics for 72 million euros (around Rs 500 crore). The acquisition will quadruple its injectable polio dosage capacity to 200 million doses a year by 2019.

“This acquisition complements our facility in Netherlands which we acquired five years ago and will increase our injectable polio vaccine capability four times to 200 million doses.”business-standard.com

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• business-standard.comSerum Institute acquires Czech firm to expand polio vaccine capabilities | Company News - Business StandardAneesh PhadnisApr 25, 2017

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