Updated on 25 March 2014
Innovation is at the heart of our business mission. It motivates us. Our focus was to foster initiatives that can tackle the regional diseases that affect developing world populations. This not only gave us leadership status in the sector but also the confidence that we have the capabilities to develop novel vaccines like global MNCs. In January 1999, we rolled out our first product Revac-B, our hepatitis B vaccine. With over 500 million doses delivered for the Government of India's National Immunization Program at Rs 10/- a dose, we achieved the milestone of being the largest producer of hepatitis B vaccine doses with exports to Pakistan, UNICEF and Latin American markets, amongst others.
We love challenges. Our next goal, as committed to the Bill and Melinda Gates Foundation, was to develop and supply Rotavac at $1-a-dose. One of the most satisfying moments in my journey as an entrepreneur came in 2013, when we declared successful results of our social innovation program Rotavac phase III safety and efficacy clinical trial program in 8,000 subjects in the entire developing world conducted in the new born babies with investment of `350 crore under International Public Private Partnership supported by National Scientific Agencies and the
Last year we launched two path-breaking vaccines, Typbar TCV, the world's only typhoid conjugate vaccine that can be given to both children below the age of six and adults; followed by Jenvac. Very soon we will roll out Rotavac in the market. The three vaccines will always be fine examples of what successful public-private partnerships.
I feel proud that Bharat Biotech catalyzed the creation of the Genome Valley in Hyderabad, which is a hub for more than 100 knowledge-based biotech companies. This was possible as we were advisor to the former government. We convinced them to create a genome valley that led to the development largest biotech cluster in India. In these 15 years of journey we are also proud to have delivered 2.8 billion doses and were also responsible for polio eradication.
Today, our company delivers vaccines to over 65 countries around the world.Running a successful and profitable company is an incredibly trying experience that takes dedication, hard work, and sacrifice. Wearing hats like that of a scientific advisory member to the Union Cabinet of the Government of India and chairman and board of governors, NIT, Warangal, today enables me to contribute back to the society to create a better eco system for innovation and entrepreneurship and also putting emphasis to build a stronger PPP environment.