# Serum Institute

Global vaccines — Massive-scale bioproduction.

Source: https://en.bioecon.ru/companies/serum-institute/
Updated: 2026-06-24

- Country: India

## Verifiable facts

| Fact | Value | Source |
| --- | --- | --- |
| Capacity | 4 billion doses annually (Pune facilities) | https://www.seruminstitute.com/sii_press_release_European-Commission-Grants-Marketing-Authorisation-for-SIILTIBCY.php |
| Certification | cGMP compliant (WHO, USFDA, and European standards) | https://www.careratings.com/upload/CompanyFiles/PR/202512131226_Serum_Institute_of_India_Private_Limited.pdf, https://www.crisilratings.com/mnt/winshare/Ratings/RatingList/RatingDocs/SerumInstituteofIndiaPrivateLimited_March%2020_%202025_RR_362970.html |
| Regulatory approval | European Commission Marketing Authorisation (SIILTIBCY); WHO prequalification for various vaccines. | https://www.seruminstitute.com/sii_press_release_European-Commission-Grants-Marketing-Authorisation-for-SIILTIBCY.php |
| Production site | Hadapsar (Pune, India) and Manjari (Pune, India); additional manufacturing plant in the Netherlands (Bilthoven Biologicals). | https://extranet.who.int/prequal/sites/default/files/whopir_files/WHOPIR_Serum%20Institute%20of%20India%20Pvt.%20Ltd._13022023.pdf, https://www.careratings.com/upload/CompanyFiles/PR/202512131226_Serum_Institute_of_India_Private_Limited.pdf, https://www.crisilratings.com/mnt/winshare/Ratings/RatingList/RatingDocs/SerumInstituteofIndiaPrivateLimited_March%2020_%202025_RR_362970.html |
| Revenue | ₹9,715 crore (approx. $1.16 billion USD) for FY2025 (Standalone operating income) | https://www.careratings.com/upload/CompanyFiles/PR/202512131226_Serum_Institute_of_India_Private_Limited.pdf, https://www.crisilratings.com/mnt/winshare/Ratings/RatingList/RatingDocs/SerumInstituteofIndiaPrivateLimited_February%2018_%202026_RR_388099.html, https://www.crisilratings.com/mnt/winshare/Ratings/RatingList/RatingDocs/SerumInstituteofIndiaPrivateLimited_March%2020_%202025_RR_362970.html |

Independent sources: careratings.com, crisilratings.com, extranet.who.int

## Technologies

- [Biopharmaceuticals & biomedicines](https://en.bioecon.ru/technology/biopharmaceuticals-biomedicines/)