Monitor this situation.
Unsubscribe anytime.
[SITUATION] · [ACTIVE] · [BUSINESS]
2 clusters · 5 sources · 7 days · First seen · Last updated
Piramal Pharma North American facility expansions
Overview
Piramal Pharma Solutions is expanding its manufacturing and research capabilities across North America through significant infrastructure investments.
In Aurora, Ontario, the company is investing over $5.3 million to upgrade its drug substance facility. Supported by a $1,753,620 grant from the Ontario government’s Life Sciences Scale-Up Fund, the project focuses on bolstering the domestic production of active pharmaceutical ingredients (APIs) to support research, development, and commercial availability. This initiative is expected to create 12 new jobs and protect 183 existing positions.
Furthering its North American expansion, the company has also opened a new microbiology laboratory at its sterile injectable facility in Lexington, Kentucky. This laboratory is part of a broader $85 million expansion of the Kentucky site. The new space more than triples existing microbiology testing capacity and includes a dedicated sterility testing suite, which is expected to reduce testing times by up to 50% and accelerate product batch releases.
Entities
Piramal Pharma Solutions · Peter DeYoung · Aurora · Government of Ontario · Ontario government
Timeline
-
[BUSINESS] 2 sourcesPiramal Pharma expands North American manufacturing and testing capabilities
Piramal Pharma Solutions is expanding its North American footprint with a new microbiology lab in Kentucky and infrastructure upgrades to its API site in Ontario, supported by provincial funding.
-
[BUSINESS] 3 sourcesPiramal Pharma to invest $5.3 million in Aurora facility
Piramal Pharma Solutions is investing $5.3 million to upgrade its Aurora, Canada facility, supported by a $1.7 million Ontario government grant to boost pharmaceutical manufacturing and API production.
Sources
bizrapidx.com · businessnewsweek.in · manufacturingchemist.com · medicaldialogues.in · onlinemediacafe.com