Poonawala gets Oxford honour
New Delhi, June 28: Cyrus Poonawalla, founder and Chairman of the Serum Institute of India, received an honorary degree from the University of Oxford for his work in the field of life-saving vaccines and philanthropy.
Poonawalla was awarded his degree on Wednesday at the world-famous university's annual Encaenia academic ceremony alongside Pakistani singer Rahat Fateh Ali Khan as part of a total 2019 cohort of eight honorary degrees.
With Poonawalla's vision, the Serum Institute has reached the unmatched figure of protecting more than two-thirds of the infant population globally, notes the citation for the Indian businessman.
He is also a generous philanthropist, focusing on public causes and under served communities, it adds.
Founded in 1966, the Serum Institute is the world's largest manufacturer of life-saving vaccines by number of doses, producing more than 1.5 billion doses a year that are used in over 170 countries.
Rahat Fateh Ali Khan was awarded the honorary degree for his contribution to music across Bollywood and Hollywood.