Mumbai, Feb 22 (UNI) Haffkine Bio-Pharmaceutical Corporation Ltd, a Maharashtra government undertaking, has been accorded the United Nation's accredatation for the oral polio vaccine to meet the desired international standards.
Talking to reporters here today, Haffkine Chairman Dr Ravi Bapat and Managing Director Medha Gadgil said after two years of sustained efforts, including two vigorous inspections by World Health Organisation, Geneva and a team of international experts, the company has become the first state public sector undertaking in India to achieve such distinction.
Internationally, there are only five other companies to have such an accredatation for OPV, they infromed.
Mr Bapat said taking into account the present competitive environment, the company which has a capacity to manufacture 600 million doses of OPV per year, achieved a sustained growth by entering into business alliancs aimed at the manufacture of new vaccines of social relevance.
''We are looking for the strategic partner but not disinvestment and there would be equity of Rs 20 crore,'' he added.
During the year 2003, UNICEF had stipulated a pre-qualification h consisting of very high international standards for eligibility to participate in OPV tenders.
Ms Gadgil said the company took up the challange and upgraded its facilities to meet the desired international standards. The UN accredatation team which inspected the upgraded facilities on January 24 and 25 found the same acceptable and accorded the company the status of UN qualified suplier of OPV.
OPV is the prime product of the company, which is supplied both to the UNICEF and Central government under its universal immunisation programme.
Besides this, the company has been engaged in manufacture of a wide range of biological products, consisting of bacterial and viral vaccine, anti-toxins, sera as well as injectable pharmaceuticals in the pursuit of its mission of 'service to the mankind in health care sector'.
She said the company with sound financial fundamentals is among the select profitable and commercial viable state public sector undertakings, which has also made immense social contribution towards the welfare of society. The paid-up share capital and its reserves stood at Rs 870.66 lakh and Rs 1,982.87 lakh respectively as on March 31 last year with a net worth of Rs 2,853.53 lakh.
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