Panacea Biotec receives additional award from UNICEF for bivalent oral polio vaccine supply in Q3 CY2025

Written By :  Ruchika Sharma
Medically Reviewed By :  Dr. Kamal Kant Kohli
Published On 2025-04-24 08:00 GMT   |   Update On 2025-04-24 08:00 GMT
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PunjabPanacea Biotec Limited has received an additional award from the United Nations International Children's Emergency Fund (UNICEF) for supply of 40 million doses (2 million vials) of its bivalent oral polio vaccine (bOPV) worth ~US$ 5.20 million (~Rs.44 Crore) in Q3 CY2025.

The existing Long Term Arrangement between UNICEF and the Company will be amended accordingly in due course.
UNICEF will make each award public by publishing the 
supplier’s name, vaccine(s), duration of award, and total award value, and  awarded prices per supplier per product presentation per year 
on the UNICEF website.

In December, the company received the Letter of Award from UNICEF for supply of 115 million doses of its bivalent oral polio vaccine (bOPV) worth ~US$ 14.95 million (~Rs.127 Crore) in CY2025.

Read also: Panacea Biotec: Manjula Upadhyay ceases to be Independent Director, Chairperson/member of Committees of Board of Directors

Panacea Biotec is a Biotechnology company doing Research and Development, Manufacturing, Sales, Distribution and Marketing of Pharmaceuticals and Vaccines.

Panacea Biotec was set up in the year 1984, under the name of Panacea Drugs Private Limited. It got publically listed on Indian National Stock Exchanges in September 1995 as Panacea Biotec Ltd. The international pharmaceutical formulations product portfolio includes innovative prescription products in niche therapeutic areas such as Pain, Diabetes & Cardiovascular management, Oncology, Renal Disease, Osteoporosis management and Gastro-intestinal care. 

Read also: Panacea Biotec: Manjula Upadhyay ceases to be Independent Director, Chairperson/member of Committees of Board of Directors

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