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Panacea Biotec secures major polio vaccine supply contract with Indian government

October 9, 2025 at 07:10 AM UTCBy FilingReader AI

Panacea Biotec Limited has received a letter of acceptance (LOA) from the Central Medical Services Society (CMSS), Ministry of Health and Family Welfare, Government of India. The LOA is for the supply of bivalent oral polio vaccine (bOPV).

The contract, valued at Rs.127.20 Crore, was accepted on October 8, 2025, following a tender issued by CMSS. Panacea Biotec will supply the vaccine in multiple tranches over a period ranging from 90 to 480 days from the LOA's issuance date. This is an acceptance of the company's offer for the domestic supply of bOPV.

The company confirmed that the order does not involve any promoter, promoter group, or group companies having an interest in the awarding entity, nor does it fall under related party transactions. This disclosure aligns with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

BSE:PANACEABIOBombay Stock Exchange

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