REG - Beximco Pharmaceut - Update on the supply of COVID-19 vaccine

Beximco PharmaceuticalsAnnouncement

11/10/2021 07:05

RNS Number : 5763O
  
Beximco Pharmaceuticals Ltd
  
11 October 2021
  
 

11 October 2021
 
BEXIMCO PHARMACEUTICALS LTD. 
 
Update on the supply of COVID-19 vaccine
 
Beximco Pharmaceuticals Limited ("Beximco Pharma" or "the Company"; AIM Symbol: BXP, LEI No.: 213800IMBBD6TIOQGB56), the fast-growing manufacturer of generic pharmaceutical products and active pharmaceutical ingredients, provides an update on the supply of COVID-19 vaccine in Bangladesh.
 
As part of the previously announced agreement with the Government of Bangladesh (GOB) and the Serum Institute of India Private Limited (SII), the Company has now received a one-off delivery of one million COVID-19 vaccine doses from SII for distribution in Bangladesh. This is the first delivery since Indian Government controls on vaccine exports began in April. Eight million doses have now been delivered to Bangladesh. Under the terms of the original agreement, 30 million doses are to be delivered in total.
 
The Company is yet to receive a schedule for delivery of the remaining doses and the Company notes that the Indian Government's policy on vaccine export controls remain unclear at this time. 
 
A further announcement will be made as appropriate. 
 
For further information please visit www.beximcopharma.com or enquire to: 
 



Beximco Pharma




Nazmul Hassan MP, Managing Director
Tel: +880 2 58611001, ext.20080
 




S M Rabbur Reza, Chief Operating Officer 
Tel: +880 2 58611001, ext. 20111 
 
Mohammad Ali Nawaz, Chief Financial Officer
Tel: +880 2 58611001, ext.20030
 




SPARK Advisory Partners Limited (Nominated Adviser)
Mark Brady / Andrew Emmott
Tel: +44 (0)20 3368 3551 / 3555
 




SP Angel Corporate Finance LLP (Broker)
Vadim Alexandre / Abigail Wayne
Tel: +44 (0) 20 3470 0470
 




FTI Consulting
Simon Conway / Victoria Foster Mitchell / Sam Purewal
Tel: +44 (0)20 3727 1000
 



 
About Beximco Pharmaceuticals Limited
Beximco Pharma is a leading manufacturer and exporter of medicines based in Bangladesh. Since its inception in 1976, the Company remains committed to health and wellbeing of people across all the continents by providing access to contemporary medicines. Company's broad portfolio of generics encompasses diverse delivery systems such as tablets, capsules, liquids, semi-solids, intravenous fluids, metered dose inhalers, dry powder inhalers, sterile ophthalmic drops, insulins, prefilled syringes, injectables, nebuliser solutions, oral soluble films etc. The Company also undertakes contract manufacturing for multinational and leading global generic pharmaceutical companies.
 
Beximco Pharma′s state-of-the-art manufacturing facilities are certified by global regulatory authorities of USA, Europe, Australia, Canada, GCC and Latin America, among others and it has a geographic footprint in more than 50 countries. More than 5,500 employees are driving the company towards achieving its aspiration to be among the most admired companies in the world.
 

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