New Delhi, Sep 29 (PTI) Global non-profit health body Population Services International (PSI) today launched its “for profit” business which will operate as a separate commercial entity and manage procurement and distribution of its health care products including contraceptives.
“PSI announced the launch of a for-profit business designed to complement its ongoing non-profit work. In a move to financially strengthen business operations amid a changing funding landscape for NGOs, the enterprise will operate as a separate commercial entity…,” it said in a statement.
The new entity “will manage the procurement, distribution and marketing of PSIs healthcare portfolio which will include provision of contraceptives priced competitively to increase the basket of choices women have for family planning products and towards strengthening its work to improve child survival through ORS and Zinc supplements”.
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