With very few suppliers in the vaccination market, this creates an opportunity for India\u2019s leading vaccine developer \u2013 Panacea Biotec Limited. <\/p>\n\n\n\n
Panacea Biotec is a leading manufacturer of pediatric vaccines and has played a pivotal role in eradication of Poliomyelitis from India and many other countries, being one of the largest suppliers of oral polio vaccines to UNICEF, the Government of India and other developing countries.<\/p>\n\n\n\n
Panacea Biotec Limited<\/a>\u2019s revenue in Q3FY23 fell 26% to \u20b9 11,520 lakhs. Consolidated Profit After Tax came at \u20b9 1,937 lakhs in Q3FY23. In this quarter\u2019s results<\/a>, the reports suggested that the firm has reported decreased revenues and the reason for the increased profitability is the income received from Exceptional Items.<\/p>\n","protected":false},"excerpt":{"rendered":" With very few suppliers in the vaccination market, this creates an opportunity for India\u2019s leading vaccine developer \u2013 Panacea Biotec Limited. Panacea Biotec is a leading manufacturer of pediatric vaccines and has played a pivotal role in eradication of Poliomyelitis from India and many other countries, being one of the largest suppliers of oral polio […]<\/p>\n","protected":false},"author":1885,"featured_media":134540,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[392,5747,6352],"tags":[10439],"class_list":["post-142519","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-earnings","category-healthcare-stocks","category-research-summary","tag-vaccine"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2022\/10\/Galaxy.jpg","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":141465,"url":"https:\/\/alphastreet.com\/india\/panacea-biotec-q3fy23-26-fall-in-revenue\/","url_meta":{"origin":142519,"position":0},"title":"Panacea Biotec Q3FY23; 26% Fall in Revenue","author":"Karan_Singh","date":"February 14, 2023","format":false,"excerpt":"Panacea Biotec Limited\u2019s revenue in Q3FY23 fell 26% to \u20b9 11,520 lakhs. Consolidated Profit After Tax came at \u20b9 1,937 lakhs in Q3FY23. In this quarter\u2019s\u00a0results, the reports suggested that the firm has reported decreased revenues and the reason for the increased profitability is the income recieved from Exceptional Items.","rel":"","context":"In "AlphaGraphs"","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/Q3FY23-PANACEABIO.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/Q3FY23-PANACEABIO.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/Q3FY23-PANACEABIO.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/Q3FY23-PANACEABIO.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/Q3FY23-PANACEABIO.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":143787,"url":"https:\/\/alphastreet.com\/india\/panacea-biotec-limited-making-india-healthier\/","url_meta":{"origin":142519,"position":1},"title":"Panacea Biotec Limited: Making India Healthier","author":"Karan_Singh","date":"April 18, 2023","format":false,"excerpt":"Panacea Biotec Limited is an Indian pharmaceutical company that is engaged in research, development, and manufacturing of pharmaceuticals, vaccines, and natural products. The company was founded in 1984 and is headquartered in New Delhi, India.\u00a0 Stock DataTickerPANACEABIOExchangeNSEIndustryPHARMACEUTICALS Price PerformanceLast 5 Days+4.17%YTD-13.86%Last 12 Months-28.13% *As of 18.04.2023 The demand for vaccines\u2026","rel":"","context":"In "Health Care"","block_context":{"text":"Health Care","link":"https:\/\/alphastreet.com\/india\/category\/healthcare-stocks\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/04\/iStock-1303865449.jpg?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":148218,"url":"https:\/\/alphastreet.com\/india\/panacea-biotec-q4fy23-earnings-story\/","url_meta":{"origin":142519,"position":2},"title":"Panacea Biotec Q4FY23 Earnings Story","author":"Karan_Singh","date":"June 2, 2023","format":false,"excerpt":"Panacea Biotec was set up in the year 1984, under the name of Panacea Drugs Private Limited and was publicly listed in the year 1995. Panacea Biotec is a research based Biotechnology company doing Research and Development, Manufacturing, Sales, Distribution and Marketing of Pharmaceuticals, Vaccines and Biosimilars. 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Panacea Biotec is a research based Biotechnology company doing Research and Development, Manufacturing, Sales, Distribution and Marketing of Pharmaceuticals, Vaccines and Biosimilars. 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It targets vaccinating ~30.4 million pregnant women and ~26.7 million newborn annually. More than 12 million immunization sessions are conducted annually. 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Consolidated Profit After Tax came at \u20b9 4,320 crores in Q4FY23 showcasing a 4% rise in profits on YoY basis. 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