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Serum Institute buys 50% stake in India's largest vial maker Schott Kaisha
short by Pragya Swastik / on Tuesday, 17 August, 2021
Covishield COVID-19 vaccine maker Serum Institute of India (SII) has bought a 50% stake in Schott Kaisha, the largest maker of vials in India. Schott Kaisha is a 50:50 joint venture partnership between German specialty glass producer Schott and India's Kaisha Manufacturers. SII's CEO Adar Poonawalla said the deal will ensure an uninterrupted supply of essential pharma packaging products.
read more at Reuters