Serum’s rotavirus vaccine is heat stable notrequiring refrigerationto preserve the vaccine before it is delivered.Rabishield has been developed in research partnership with Massachusetts Medical School in US and will be available in the private market for Rs 15,000 18,000 per treatment. The existing biologic marketed Sanofi costs about Rs 27,000.“The availability of Rotasiil and Rabishield worldwide will help reduce deaths caused due to Rotavirus and Rabies which cause fatal diseases,“ Serum Institute Chief Executive Officer Adar Poonawalla said.Poonawala said he isn’t pursuing any stake sale in the company to private equity investors, as the proposed acquisition plans in the range of USD 1 2 billion didn’t materialise and also he wasn’t happy with the valuations offered by the PE investors.Poonawala said he is interested in M opportunities in vaccines and biologic areas, where the company has deep understanding of the business.In April. Serum acquired the Czech arm of a US headquartered firm Nanotherapeutics for 72 million Euros.
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