Full-Time
Posted on 8/22/2025
CDMO for drug development and manufacturing
No salary listed
Mumbai, Maharashtra, India
In Person
Piramal Pharma operates through three divisions: Piramal Pharma Solutions (PPS), a CDMO that provides development and manufacturing services across the drug lifecycle for clients worldwide; Piramal Critical Care (PCC), which produces complex hospital generics, including inhaled anesthetics; and the Consumer Products Division (CPD), selling consumer health brands in India such as Littles and Lacto Calamine. PPS supports drugs from development to production for customers; PCC makes hospital-grade generics; CPD distributes well-known Indian consumer health products. The company stands out with its global manufacturing scale, integrated network, and specialized strengths in complex hospital generics and inhaled anesthetics, alongside a strong portfolio of Indian consumer brands across more than 100 countries. Its goal is to grow its life-science ecosystem by expanding PPS and PCC capabilities and broadening CPD’s consumer brands across markets.
Company Size
1,001-5,000
Company Stage
N/A
Total Funding
N/A
Headquarters
India
Founded
2020
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Cleanroom flooring overhaul completed at Piramal Healthcare. A major cleanroom flooring overhaul has been completed at Piramal Healthcare Limited's Northumberland facility, with Kemtile replacing 650m^2 of pharmaceutical cleanroom floor in a 28-day installation programme. Cleanroom flooring replacement at Morpeth site. Piramal's Morpeth site is a fully integrated production facility offering Active Pharmaceutical Ingredients (APIs), oral solid drug product development, clinical supply, commercial manufacturing and packaging services for both innovator and generic pharmaceutical companies. The £250,000 flooring project marks a significant upgrade to the previous surface, which had been in place for 56 years. Kemtile, a division of international flooring manufacturer Stonhard, installed the new Stonhard GS flooring system, designed to deliver durability, chemical resistance and seamless hygiene suitable for pharmaceutical cleanroom environments. To enhance performance, Kemtile applied two coats of Stonkote HT4 with a textured finish to maximise slip resistance, and installed Polysto hygienic coving throughout alongside a new channel drain. Project delivery and industry collaboration. Kemtile's Jay Livingstone said: "It's built to meet the rigorous standards that Piramal's operations require and will keep performing for decades to come." Martin Graham, Director of Engineering, Facilities and IT at Piramal Pharma Solutions, praised the team's efforts. "A huge thank you to Kemtile, especially Steve Lyon, Declan Strain and Jay Livingstone together with their install team for their perseverance and commitment throughout this intensive project," he said. Experts from Piramal Engineering and Pharma Site Services Limited were also acknowledged for their support in floor preparation and cleaning activities. Graham added: "Projects like this demonstrate the importance of experience, planning, and collaboration in achieving outstanding results." Kemtile's experience in pharmaceutical environments. Kemtile has more than 40 years' experience supplying hygienic, bespoke flooring systems to cleanroom and pharmaceutical facilities. The company regularly advises manufacturers on complete floor system requirements, offering site surveys, specification, design, groundworks, drainage, site supervision, health and safety compliance and installation.
Piramal Pharma reported early signs of CDMO business recovery with improved RFPs and order inflows during its Q3 2026 earnings call. The company maintained a strong regulatory track record, clearing 30 inspections including 2 US FDA inspections without OAIs. However, the company faced a 3-4% year-over-year revenue decline due to inventory destocking and slower early-stage order inflows. EBITDA margins remained at 11% for the quarter. The consumer healthcare business grew 20% in Q3 and 16% over nine months. Piramal acquired Kenalog from Bristol-Myers Squibb, expecting annualised revenues of $30-40 million. The product aligns with the company's hospital channel strengths and has limited competition due to complex manufacturing requirements. Management expects momentum from improved US biopharma funding to support healthy growth in FY27.
Piramal Pharma acquires Kenalog(R) branded injectable product. Piramal Pharma has acquired Kenalog(R), a branded commercial injectable product, from Bristol-Myers Squibb Company (BMS) for an upfront consideration of US$ 35 million. Contingent consideration up to US$ 65 million is payable on agreed operational and financial milestones. The acquisition is expected to leverage Piramal's distribution network and broaden its product portfolio, especially in the US, Europe & Asia Pacific regions. Kenalog(R) acquisition. Piramal Pharma Limited has entered into definitive agreements to acquire Kenalog(R) and its associated brands from Bristol-Myers Squibb Company (BMS). Deal terms. The acquisition includes an upfront consideration of US$ 35 million. Furthermore, contingent consideration up to US$ 65 million will be payable based on the achievement of certain operational and financial milestones. The transaction is subject to customary closing conditions. About Kenalog(R). Kenalog(R) is a branded commercial injectable product containing Triamcinolone Acetonide, a synthetic corticosteroid used as an adjunctive therapy in acute gouty arthritis, rheumatoid arthritis, and other conditions. It is currently marketed by BMS across 15 countries under trademarks such as Kenalog(R), Kenacort(R), Trigon(R), and Adcortyl(R). Strategic rationale. The acquisition of Kenalog(R) is expected to leverage Piramal's extensive distribution network, which spans over 6,000+ hospitals in more than 100 countries. This move is also anticipated to broaden Piramal's CHG product portfolio, creating new growth opportunities, especially in the US, Europe, and Asia Pacific markets.
Piramal Pharma secures $216 million financing with corporate guarantee.