PLUSS receives SAMRIDH’s support to expand Production of its Temperature-controlled Pharma Shipping Box

The support will benefit populations in far-flung areas where it is a considerable challenge to maintain the right cold-chain for COVID-19 vaccines.

Pluss Advanced Technologies (PLUSS) has received support from SAMRIDH, a healthcare blended financing facility, to increase manufacturing capacity of its ‘temperature-controlled’ shipping containers for pharmaceuticals. PLUSS makes these containers from ‘phase change materials’ using the concept of thermal energy storage, to maintain inside-temperature without electricity at desired levels for up to 120 hours. The containers, called Celsure, are used in transport and storage of temperature sensitive pharma products, including vaccines. Through an innovative financing model, SAMRIDH leveraged philanthropic funds to help PLUSS raise commercial capital needed for the expansion of its business operations.

PLUSS provides Celsure containers that maintain precise temperature between 2 and 8°C, 15 and 25°C and -20°C, for up to five days. These solutions bring operational and cost efficiency in transport of temperature sensitive products. They are used by pharma, diagnostics and biotech companies to pack and transport temperature sensitive drugs, vaccines, test kits, clinical trial samples and other products that require a constant temperature to maintain their efficacy. With support from SAMRIDH, PLUSS will double the manufacturing capacity of Celsure boxes to 6,000 boxes per month at its facility in Hyderabad. This will assist pharma and biotech companies in making timely deliveries of covid-19 test kits, drugs and vaccines to remote areas where it is a considerable challenge to maintain the right cold-chain.

Samit Jain, CEO, Pluss Advanced Technologies said, “It is an honour to support our country’s response to the pandemic. The innovative temperature-controlled Celsure containers have been developed indigenously, and are low-cost. The support from SAMRIDH would enable covid vaccines to reach remote communities quickly, and without any loss in transit.”

Ashish Mendhi, Project Lead, SAMRIDH Healthcare Blended Financing Facility, reflecting on the collaboration said, “Our collaboration with PLUSS reflects SAMRIDH’s commitment to support national healthcare priorities with market-based solutions and innovative financing. As India rolls out the world’s largest immunisation drive, this partnership is an important step towards improving coverage of COVID-19 vaccinations and effectively delivering vaccines to isolated and marginalised populations.”

For more info, visit: http://www.pluss.co.in/