• ABOUT
  • CONTACT
  • TEAM
  • TERMS & CONDITIONS
  • GUEST POSTS
Sunday, June 8, 2025
  • Login
Economy India
No Result
View All Result
  • Home
  • Economy
  • Business
  • Companies
  • Finance
  • People
  • More
    • Insurance
    • Interview
    • Featured
    • Health
    • Technology
    • Entrepreneurship
    • Opinion
    • CSR
    • Stories
  • Home
  • Economy
  • Business
  • Companies
  • Finance
  • People
  • More
    • Insurance
    • Interview
    • Featured
    • Health
    • Technology
    • Entrepreneurship
    • Opinion
    • CSR
    • Stories
No Result
View All Result
Economy India
No Result
View All Result
Home Companies

PLUSS Receives Funding from SAMRIDH to Expand Production of its Temperature Controlled Pharma Shipping Box

by Economy India
October 14, 2021
Reading Time: 3 mins read
FEATURED IMAGE ECONOMY INDIA 1 1
0
SHARES
0
VIEWS
Share on FacebookShare on XShare on Linkedin

The support will benefit populations in far-flung areas where it is a considerable challenge to maintain

Pluss Advanced Technologies (PLUSS) has received support from SAMRIDH, a healthcare blended financing facility, to increase the 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 the transport and storage of temperature-sensitive pharma products, including vaccines. Through an innovative financing model, SAMRIDH leveraged philanthropic funds to help PLUSS raise the commercial capital needed for the expansion of its business operations.

SAMRIDH is supported by the U.S. Agency for International Development (USAID) and implemented by IPE Global.

Temperature Sensitive Products

PLUSS provides Celsure containers that maintain a precise temperature between 2 and 8°C, 15 and 25°C, and -20°C, for up to five days. These solutions bring operationally and cost efficiency in the 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.

Pharma and Biotech Companies

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.

SAMRIDH will also assist with the procurement of the Celsure containers by nations in Africa, to facilitate quick vaccination of their citizens.

Samit Jain, CEO, Pluss Advanced Technologies said, “It is an honor 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.”

sumit jain 1
Image: Economy India

Ashish Mendhi, Project Lead, SAMRIDH Healthcare Blended Financing Facility, reflecting on the collaboration said, “Our collaboration with PLUSS reflects SAMRIDH’s commitment to supporting national healthcare priorities with market-based solutions and innovative financing.

ashish
Image: Economy India

As India rolls out the world’s largest immunization drive, this partnership is an important step towards improving coverage of COVID-19 vaccinations and effectively delivering vaccines to isolated and marginalized populations.”

Celsus container is customizable and can maintain inside temperature from -70°C to +30°C, in 35 different ranges. PLUSS has received the Government of India’s Technology Day award for 2021, for its Celsure range of pharmaceutical cold-chain packaging solutions. PLUSS has also received patents in the US and Europe for this range.

(Economy India)

Tags: Biotech CompaniesBusiness Updates on Indian EconomyClinical Trial samplesCurrent Updates of Indian EconomyDiagnosticsEconomic Development of IndiaEconomy IndiaEconomy India UpdatesEconomy NewsEconomy News of IndiaEconomy News Portal of IndiaEconomy News UpdatesEconomy Updates from IndiaGlobal EconomyIndia EconomicIndian EconomyIndian Economy OutlookIndian Economy UpdatesInternational Development (USAID)Latest Development on Indian EconomyLatest Updates on Indian EconomyNews Around Economy of IndiaNews on Indian EconomyNews on World of Indian EconomyOverview of Indian EconomyPharmaPluss Advanced TechnologiesRecent Development in Indian EconomySAMRIDHTest KitsTransport Temperature Sensitive Drugsvaccines
Economy India

Economy India

Economy India is one of the largest media on the Indian economy. It provides updates on economy, business and corporates and allied affairs of the Indian economy. It features news, views, interviews, articles on various subject matters related to the economy and business world.

Next Post
FEATURED IMAGE ECONOMY INDIA 1 1

India forms seven new Defence Companies

Popular News

  • Innovation and Startup Funding Essential for Developed India: ASSOCHAM

    Innovation and Startup Funding Essential for Developed India: ASSOCHAM

    0 shares
    Share 0 Tweet 0
  • No Charges for Updating Nominee Details in PPF Accounts: Finance Minister Nirmala Sitharaman

    0 shares
    Share 0 Tweet 0
  • Startup Mahakumbh 2025: Piyush Goyal to Inaugurate India’s Biggest Startup Fest

    0 shares
    Share 0 Tweet 0
  • PM Narendra Modi Embarks on Official Visits to Thailand and Sri Lanka to Strengthen Regional Ties

    0 shares
    Share 0 Tweet 0
  • India Poised to Strengthen Global Trade and Manufacturing Amid US Tariff Shifts

    0 shares
    Share 0 Tweet 0
  • ABOUT
  • CONTACT
  • TEAM
  • TERMS & CONDITIONS
  • GUEST POSTS

Copyright © 2024 - Economy India | All Rights Reserved

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Economy
  • Business
  • Companies
  • Finance
  • People
  • More
    • Insurance
    • Interview
    • Featured
    • Health
    • Technology
    • Entrepreneurship
    • Opinion
    • CSR
    • Stories

Copyright © 2024 - Economy India | All Rights Reserved