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Piramal Alternatives invests Rs 110 crore in Biodeal Pharmaceuticals

Piramal Alternatives invested Rs 110 crore in Noida-based Biodeal Pharmaceuticals through convertible instruments. The funding will enhance infrastructure, technology, and a nutraceuticals manufacturing facility. Biodeal is a key contract manufacturing player, specializing in nasal sprays and achieving PIC/S approval.

Piramal Group s subsidiary invests Rs 110 crore in Biodeal Pharma to strengthen its infrastructure and capacities - Pharma News

Piramal Group s subsidiary invests Rs 110 crore in Biodeal Pharma to strengthen its infrastructure and capacities - Pharma News
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Piramal Alternatives invests ₹110 crore in contract manufacturer Biodeal Pharmaceuticals

Piramal Alternatives invests ₹110 crore in contract manufacturer Biodeal Pharmaceuticals
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Piramal Group arm invests Rs 110 crore in Biodeal Pharma

The contract development and manufacturing company will deploy the funds infused by Piramal Alternatives for improving its infrastructure and capacities, technology upgrade and a nutraceuticals manufacturing facility, as per an official statement.

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