Piramal Pharma Solutions
From EverybodyWiki Bios & Wiki
| Public company | |
| ISIN | 🆔 |
| Industry | Pharmaceutical Industry |
| Founded 📆 | |
| Founder 👔 | |
| Headquarters 🏙️ | Mumbai, |
Area served 🗺️ | Worldwide |
Key people | Ajay Piramal, Peter DeYoung |
| Services | Pharmaceutical Healthcare, Healthcare |
| Members | |
Number of employees | |
| 🌐 Website | Official website |
| 📇 Address | |
| 📞 telephone | |
Piramal Pharma Solutions is the contract development and manufacturing arm of Piramal Enterprises Limited with operations in Europe, North America, and Asia.[1].
History[edit]
In 1988, the Piramal Group made its foray into the Pharmaceutical industry with the acquisition of Nicholas Laboratories, an Australian multinational corporation which was later renamed to Nicholas Piramal India Limited (NPIL)[2]. NPIL was later renamed as Piramal Healthcare Limited in 2008[3]. In 2012, Piramal Healthcare Limited was renamed to Piramal Enterprises Limited[4]. Currently, it is ranked amongst the Top 10 Pharma Companies in India[5].
Acquisitions and Partnerships[edit]
- In 2016, Piramal Pharma entered into an agreement to acquire Ash Stevens Inc., a US-based contract and drug manufacturing organisation (CDMO) for High Potency APIs (HPAPIs)[6]
- In 2015, Coldstream Laboratories, a specialty pharmaceutical CDMO in Kentucky was acquired[7].
- In 2019, Piramal Pharma Solutions partners with Norway-based BerGenBio to develop blood cancer drug[8].
- In 2011, Oxygen Bio-research was acquired as a part of the Pharmaceutical Solutions business division[9].
- In 2009, Minard International Inc. was acquired[10].
- In 2008, Khandelwal Laboratories was acquired[11].
- In 2006, Pfizer's Morpeth UK facility was acquired[12].
- In 2003, Sarabhai Piramal and Global Bulk Drugs was acquired[13].
- In 2000, the company began conducting collaborative research with the Center for Biochemical Technology in gene technology[14].
- In 1995, Sumitra Pharmaceutical and Chemicals’ bulk drug division in Hyderabad was acquired[15].
- In 1993, NPIL entered into a joint venture with Allergan[16], leading ophthalmic product manufacturers.
- In 1988, Nicholas Laboratories was acquired[17].
Awards and Accolades[edit]
- In June 2019, Piramal Pharma Solutions was awarded the Frost & Sullivan “2019 Global Customer Service Leadership Award” for providing end-to-end capabilities to customers across the drug development life cycle[18].
- In March 2019, Piramal Pharma Solutions received the Life Science Leader’s CMO Leadership Awards in the ‘Service’ category (Overall, Big Pharma)[19].
- In December 2018, Piramal Pharma Solutions received the ‘Excellence in Contract Research and Manufacturing’ Award at the India Pharma Awards held during CPhI India event Recognised as the ‘Industry Partner of the Year’ for the second consecutive year at the Global Generics & Biosimilars Awards 2018[20]
References[edit]
- ↑ "Piramal's Piramal Enterprises is said to be working with advisers to gauge interest in Piramal Pharma Solutions". Live Mint. Oct 16, 2018. Unknown parameter
|url-status=ignored (help) - ↑ "Piramal Group made its foray into the pharmaceutical industry with the acquisition of Nicholas Laboratories" (PDF). Ibef. Unknown parameter
|url-status=ignored (help) - ↑ "NPIL was later renamed as Piramal Healthcare Limited". Business Standard. Unknown parameter
|url-status=ignored (help) - ↑ "Piramal Healthcare Limited was renamed to Piramal Enterprises Limited". Business Standard. Jan 25, 2013. Unknown parameter
|url-status=ignored (help) - ↑ "Top 10 pharma companies in india" (PDF). PWC. Unknown parameter
|url-status=ignored (help) - ↑ "Piramal Pharma Acquire Ash Stevens Inc". Business Wire. Aug 16, 2016. Unknown parameter
|url-status=ignored (help) - ↑ "Piramal Acquires Coldstream Labs for $30.65M". Geneng News. January 19, 2015.
- ↑ "Piramal Pharma Solutions partners with Norway-based BerGenBio to develop blood cancer drug". Money Control. Dec 3, 2019. Unknown parameter
|url-status=ignored (help) - ↑ "Piramal takes majority stake in discovery specialist Oxygen". Pharma Times. Feb 15, 2011.
- ↑ "Piramal acquires US-based Minrad International Inc". The Economic Times. Dec 23, 2018.
- ↑ "Nicholas Piramal acquires two brands from Khandelwal Labs". Live Mint. April 16, 2008.
- ↑ "Nicholas Piramal to acquire Pfizer's Morpeth facility". Manufacturing Chemist. Jan 24, 2010. Unknown parameter
|url-status=ignored (help) - ↑ "Piramals buy out Sarabhais from JV for Rs 69 crore". Business Standard. Feb 15, 2013. Unknown parameter
|url-status=ignored (help) - ↑ "Began conducting collaborative research with the Center for Biochemical Technology in gene technology". NTI. Unknown parameter
|url-status=ignored (help) - ↑ "1995 - The Company entered into a scheme of arrangement with Sumitra Pharmaceutical and Chemicals". Business Standards. Jan 27, 2013. Unknown parameter
|url-status=ignored (help) - ↑ "in 1993 The Company entered into a joint venture agreement with Allergan of U.S.A". The Economic Times. Unknown parameter
|url-status=ignored (help) - ↑ "Nicholas Laboratories was acquired by piramal" (PDF). India Brand Equity Foundation.
- ↑ "Piramal Pharma Solutions recognized by Frost & Sullivan". PR News Wire. June 18, 2019.
- ↑ "Piramal Pharma Solutions wins 'CMO Leadership Awards 2018'". EP News Bureau. June 20, 2019. Unknown parameter
|url-status=ignored (help) - ↑ "Global Generics & Biosimilars awards Piramal Pharma as 'Industry Partner of the Year'". Express Pharma. June 3, 2015. Unknown parameter
|url-status=ignored (help)
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