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Polar Pharma India receives order worth Rs 8.53 crore

23 Aug 2011 Evaluate

Polar Pharma India has received two supply orders both dated August 04, 2011 aggregating to Rs 8.53 crore from ministry of health and family welfare (MHFW), Government of India, New Delhi for supply within December 31, 2011.

Last year in October, Polar Pharma India had received supply order worth Rs 19.27 crore from Ministry of Health & Family Welfare (MOHFW), Government of India (GoI) during last week of September, 2010. The company had earlier extended temporary closure of its factory upto September 30, 2010 due to non release of order from MOHFW, Govt. of India till date. The company had received these new orders since August 03, 2010.

Polar Pharma is a key producer of high quality, male latex prophylactics in India. In fact, the company is one of the largest private sector condom manufacturing units in Asia, with an installed capacity of over 700 million pieces per annum.

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