Piramal Pharma Solutions injects $55 million to expands its North America & Asia capacities

Piramal Pharma Solutions injects $55 million to expands its North America & Asia capacities

October 11, 2017 Off By Dino Mustafić
Contract Development and Manufacturing Organization (CDMO) Piramal Pharma Solutions (PPS), has invested $55 million across its sites in North America & Asia, to expand its API manufacturing capabilities and capacities. 

The company says that a part of this investment will go into new state-of-the-art, multi-purpose plants, with over 270kL of total capacity, to support the current pipeline of approximately 80 late stage programs that PPS is currently assisting its partners with at various global sites.  PPS will also expand its potency footprint (new Occupational Exposure Limit: ≥10 ng/m3) at its plant in Riverview, Michigan, while augmenting early development capabilities out of Ennore, India through additions of GMP kilo labs and a pilot plant.  To serve its European biotech customers better, PPS will add early development capabilities in both drug substance and drug product out of its Morpeth, UK facility. Support functions such as Analytical capabilities, R&D infrastructure, automation, and IT systems will also be expanded at all API sites through this investment.
 
Piramal supports API development and manufacturing through an integrated model across its five sites in North America, Europe and Asia. API Development activities including route scouting and process development are conducted at facilities in Aurora (CA), Ennore (IN) and Riverview (USA). These facilities are forward integrated with commercial API manufacturing units at Aurora (CA), Ennore (IN), Digwal (IN), Morpeth (UK) and Riverview (USA).
 
Vivek Sharma, CEO – Piramal Pharma Solutions said: “We are committed towards investing in our customers’ future needs. With these investments, we can now support the commercialisation of our pipeline of over 80 programs that are at Phase II or beyond, while allowing us additional capacity for future partnerships”. 
He also said that there has been significant customer interest in the company’s ‘integrated’ offerings. He said: “We are pleased to have over 60 integrated programs at PPS across all phases of drug development.  We thank our customers for their trust and support and promise to continue the focus on the three pillars that made us their Partner of Choice: Customer Centricity, Quality, and Innovation.”