Piramal expands

Piramal Pharma Solutions is investing US$25 million in expansion of its facilities in Lexington, Kentucky, to become the premier aseptic manufacturing service provider that began with the acquisition of Coldstream Laboratories in January of 2015.

The expansion will increase vial filling capability and lyophilisation capacity, as well as upgrades to the associated facilities and utilities.

Piramal’s Lexington site has a strong pipeline of products which are expected to be commercialized in next 3 to 5 years.

Piramal Pharma Solutions, the Contract Development and Manufacturing arm of Piramal Enterprises Ltd (PEL), has assets across North America, Europe and Asia.

PEL is one of India’s large diversified companies, with a presence in Healthcare, Healthcare Information Management and Financial Services. fii-news.com