Pharmaceuticals
Deals11 April 2026 at 10:41 am

Panacea Biotec Bags ₹20.79 Cr Vaccine Supply Order from CMSS

AI Summary

Panacea Biotec Ltd. has received a Letter of Award (LOA) dated April 10, 2026, from the Central Medical Services Society (CMSS), Ministry of Health and Family Welfare, Government of India. The LOA is for the supply of Diphtheria and Tetanus Vaccine (Absorbed) for Adults and Adolescents IP ("Td Vaccine"). The total value of this domestic order aggregates to INR 20.79 Crore. The company will supply the vaccine in several tranches, with deliveries scheduled to commence from September/October 2026 and continue until November/December 2028.

Key Highlights

  • Secured a ₹20.79 Cr order from Central Medical Services Society.
  • Contract for Diphtheria and Tetanus Vaccine (Td Vaccine) supply.
  • Supply period spans from Sep/Oct 2026 to Nov/Dec 2028.
  • Order is from a domestic government entity.