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    • Piramal Pharma invests...

    Piramal Pharma invests over Rs 69 crore to expand its API capability

    Medical Dialogues BureauWritten by Medical Dialogues Bureau Published On 2019-06-21T10:00:24+05:30  |  Updated On 16 Aug 2021 1:27 PM IST


    The new wing at the Riverview site is dedicated to the production of HPAPIs with low occupational exposure levels (OELs), Piramal Pharma Solutions said in a statement.


    New Delhi: Piramal Pharma Solutions Thursday said it has invested USD 10 million (around Rs 69 crore) to expand its high-potency active pharmaceutical ingredients (HPAPIs) capability in its Riverview facility in the US.


    The new wing at the Riverview site is dedicated to the production of HPAPIs with low occupational exposure levels (OELs), Piramal Pharma Solutions said in a statement.



    Read Also: Piramal partner Slate Run Pharma launches Cinacalcet Hydrochloride tablets in US

    Piramal Pharma Solutions Chief Executive Officer Vivek Sharma said: "We are one of only a few companies in the contract development and manufacturing market that have the capability to produce HPAPIs at such low OELs."

    The expansion enhances the company's ability to serve the growing antibody-drug conjugate market, the statement said.

    Read Also: Panacea Biotec Bail out: Piramal, Bain offer Rs 992 crore deal



    antibody drugAPIAPI facilityHigh Potency APIHPAPIsOELspharmaPiramalPiramal APIPiramal investmentPiramal PharmaUSDVivek Sharma
    Source : PTI

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    Medical Dialogues Bureau
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      Medical Dialogues Bureau consists of a team of passionate medical/scientific writers, led by doctors and healthcare researchers.  Our team efforts to bring you updated and timely news about the important happenings of the medical and healthcare sector. Our editorial team can be reached at editorial@medicaldialogues.in. Check out more about our bureau/team here

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