B Medical Systems signs MOU with Adani Group for vaccine cold chain

B Medical Systems, Luxembourg-based vaccine cold chain and medical refrigeration, has entered into an agreement with Adani Group for the establishment of its manufacturing facility and technology initiatives in India.

The MOU signed with Adani Group includes setting-up of a manufacturing facility in both Mundra SEZ and domestic tariff area, providing logistics for Covid-19 vaccine transportation domestically and globally and creating ‘Pharma Excellence Centers’ at Adani Group airports across India. The MOU was signed on Thursday in presence of Jean Claude Kugener, the ambassador of the Grand Duchy of Luxembourg to India at the embassy in New Delhi.

The partnership — a result of the virtual summit between Prime Minister Narendra Modi and Prime Minister of Luxembourg Xavier Bettel held on November 19, 2020 — was welcomed by Ambassador

Kugener.

Jesal Doshi, the deputy chief executive officer (CEO) of B Medical Systems and the CEO of India operations, said, “India is the vaccine capital of the world. This agreement is a firm step to also make the country the vaccine cold chain capital of the world and reinforces the commitment of B Medical Systems to support India and the world in its fight against Covid-19.”

He said the manufacturing facility in Adani’s domestic tariff area was nearly ready and work was on with reputed equipment manufacturers to establish world-class manufacturing in India in a matter of months.

B Medical’s expertise, he added, has been in reaching vaccine to the remotest parts of the world for four decades. B Medical Systems manufactures medical grade vaccine refrigerators, laboratory freezers, ultralow freezers, and transport boxes that can store and transport any vaccine in the temperature range of -86°C to 8°C.