Piramal Pharma Ltd. Continues to Invest In USA; $90M in Expansions of Two US Sites
Riverview site expansion building featured at left
Addition of commercial-scale sterile injectables capabilities in Lexington, KY-Addition of development and commercial-scale capabilities in payload-linkers for bioconjugates in Riverview, MI-This is incremental to Piramal’s prior investments of $570 M in the US.
Piramal Pharma Limited (NSE: PPLPHARMA | BSE: 543635), a leading global pharmaceuticals and wellness company, in conjunction with the 2025 SelectUSA Investment Summit, commits to a $90M investment plan towards expanding two of the Company’s US facilities. These expansions are in response to ongoing demand from US customers, in support of the trend towards US onshoring of drug supply, and in line with Piramal Pharma’s overall belief in the value and benefits of US-based innovation. In both cases, Piramal Pharma is making brownfield expansions to existing sites, financed by bank loans and internal accruals, which is the fastest, lowest risk, and most economical way to add new capacities to the US market.
