Panacea Biotec Secures ₹315 Crore Order from UNICEF for Polio Vaccine Supply
Panacea Biotec has received a ₹315 crore (US$ 35.65 million) order from UNICEF for bivalent oral polio vaccine (bOPV). The contract, spanning from April 1, 2026, to March 31, 2030, covers supply for Q2 CY2026 and CY2027. The vaccine will be supplied in 10 and 20 vial presentations for UNICEF's global polio eradication efforts. UNICEF will publish award details on its website for transparency. This order signifies a major business opportunity for Panacea Biotec in the global vaccine market.

*this image is generated using AI for illustrative purposes only.
Panacea Biotec , a prominent player in the pharmaceutical industry, has announced a significant development in its business operations. The company has secured a substantial order worth approximately ₹315.00 crore (US$ 35.65 million) from the United Nations International Children's Emergency Fund (UNICEF) for the supply of bivalent oral polio vaccine (bOPV).
Key Details of the Order
Aspect | Details |
---|---|
Client | UNICEF |
Product | Bivalent Oral Polio Vaccine (bOPV) |
Order Value | ₹315.00 crore (US$ 35.65 million) |
Supply Period | Q2 CY2026 and CY2027 |
Contract Duration | April 1, 2026, to March 31, 2030 |
Contract Specifics
Panacea Biotec received a Letter of Award from UNICEF for a Long-Term Agreement to supply bOPV. This agreement spans from April 1, 2026, to March 31, 2030. The current order value of ₹315.00 crore specifically covers the supply for Q2 CY2026 and CY2027.
The company will be supplying the bOPV in both 10 and 20 vial presentations, catering to UNICEF's requirements. The vaccine will be used for UNICEF's global polio eradication efforts.
Transparency in Award Process
As part of UNICEF's commitment to transparency, the organization will make the award public by publishing the following information on its website:
- Supplier's name (Panacea Biotec Limited)
- Vaccine type (bOPV)
- Duration of the award
- Total award value
- Awarded prices per supplier, product presentation, and year
Impact on Panacea Biotec
This order represents a significant business opportunity for Panacea Biotec, potentially strengthening its position in the global vaccine market. The company's ability to secure such a substantial international order from a prestigious organization like UNICEF underscores its capabilities in vaccine production and quality standards.
Regulatory Compliance
Panacea Biotec has duly informed the stock exchanges about this development in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has confirmed that this order does not fall under related party transactions, and there is no interest of promoters or group companies in UNICEF.
This order comes as positive news for Panacea Biotec, potentially boosting investor confidence and highlighting the company's role in global health initiatives, particularly in the fight against polio.
Historical Stock Returns for Panacea Biotec
1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
---|---|---|---|---|---|
+3.55% | +2.62% | -2.02% | -10.72% | +28.42% | +117.98% |