Business Update5 Aug 2026, 04:23 pm
Medico Remedies Secures $1.4M Government Supply Order
AI Summary
Medico Remedies Ltd has announced securing a significant government supply order valued at USD 1,406,450 (approximately INR 13.38 Crores) from PROMESE/CAL in the Dominican Republic. The order involves the supply of tablets, capsules, and dry syrups, with completion expected within three months. PROMESE/CAL is the national program responsible for centralized procurement and distribution of essential medicines and health supplies in the Dominican Republic. This international contract represents a key business development for Medico Remedies.
Key Highlights
- Secured international government supply order worth USD 1.4M.
- Order includes tablets, capsules, and dry syrups.
- Supply to be completed within a 3-month timeframe.
- PROMESE/CAL is the Dominican Republic's national health supply program.
- No promoter interest in the awarding entity.
Price Impact
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