Hyderabad, India, June 27 2013– Biological E Limited (BioE) today announced that it has entered into a long term supply agreement with VACSERA (and its subsidiary Egyvac), an Egyptian vaccines company under the Ministry of Health of Egypt, for the Pentavalent vaccine manufactured by Bio E. VACSERA is the sole vaccine procurement agency of Egypt. Under the agreement, Bio E’s Pentavalent vaccine shall be procured exclusively by VACSERA.
Biological E’s Liquid Pentavalent vaccine was prequalified by WHO in 2012 and since then it has been exported to several countries. The company was in news recently for entering into a five year Pentavalent supply arrangement with GAVI and for its Joint Venture with GSK for the development and commercialization of the IPV containing Hexavalent vaccine.
Mr Narender Mantena of Biological E Limited said, “We are happy that after a rigorous process of selection, the company was chosen as a credible supplier by VACSERA for supplying the Pentavalent Vaccine. This is an extremely strategic move and the first of such long term exclusive buying arrangements with countries”.
The agreement has been endorsed by Prof. Dr. Mohamed Mostafa Hamed, the Egyptian Minister of Health.
About Biological E Limited
Biological E Limited is a leading Indian life sciences company established in 1953. It is a globally focused biopharmaceutical company and develops, manufactures and markets innovative vaccines and biologics that respond to health care needs worldwide. The company exports various vaccines to several countries. The company’s product development efforts are driven by an internationally experienced management team and the company has several strategic partnerships with leading biotechnology and pharmaceutical companies and research institutes around the world.
VACSERA is the Holding Company for Biological Products & Vaccines in Egypt. It is the only producer of vaccines & sera in Egypt and is one of the main blood banks. It is the oldest manufacturer of vaccines in Africa and the Middle East.
The name VACSERA reflects the commitment to serve the preventive medicine branch through production of vaccine and sera.
Its subsidiary company EGYVAC acts for and on behalf of VACSERA and is an Egyptian company responsible for production of vaccine & serums.