PANACEA BIOTEC LTD
Panacea Biotec is an Innovation driven Biotechnology company doing Research and Development, Manufacturing, Sales, Distribution and Marketing of Pharmaceuticals and Vaccines. Panacea Biotec was set up in the year 1984, under the name of Panacea Drugs Private Limited with a commitment to make Innovative Products Affordable and Accessible to the masses. It got publically listed on Indian National Stock Exchanges in September 1995 as Panacea Biotec Ltd. Our aspirations are supported by our Globally accredited USFDA approved pharmaceutical manufacturing facility at Baddi, WHO pre-qualified facilities for vaccine production at Lalru (Punjab) and Baddi. Panacea Biotec is one of the largest Vaccine Manufacturing Company in India and is well acknowledged by the United Nations (UN) Health Agencies in partnering the Global Polio Eradication Initiative (GPEI) with supplies of billions of doses of WHO Pre-qualified Polio vaccines in more than 50 countries worldwide as a sequel to the completion of full range of Oral polio vaccines (tOPV, mOPV1, mOPV3 & bOPV (Type1&Type3). Panacea Biotec is the first company to have developed fully liquid Pentavalent vaccine (DTwP-Hep B+Hib) EasyFive in 2005. EasyFive is a WHO Prequalified vaccine being used in more than 75 countries worldwide as on March 2022. ( MISSION AND VALUES ) :- INNOVATION IN SUPPORT OF LIFE. ( Goal ) - To meet every healthcare need with a Panacea Biotec brand and/or service. ( CORE VALUES ) :- 1 ). A process which transforms business ideas to marketable products. 2 ) . Bringing together different functions of the organization like marketing, finance, R&D, Manufacturing together to meet a common goal. 3 ). ‘A way of life’ in every activity, from administration to creating new solutions. 4 ). To challenge every process & solution to discover ways to make them better. 5 ). Intolerance towards stability, encouraging continuous change. 6 ) . Thinking about the impossible and discovering ways to execute it. 7 ) . Deep rooted and sustainable change and not superficial efforts