India’s Piramal Pharma Solutions plans to expand Coldstream's manufacturing facility in Lexington, Kentucky with an investment of $10 million.
This project will help the Lexington facility grow into a significant player in the contract manufacturing market for injectable pharmaceuticals. It creates 40 jobs in Lexington, Kentucky.
The Coldstream Labs acquisition helped augment our service offerings to potential partners, while also allowing Piramal to participate in the growing injectable segment. Piramal Pharma Solutions now offers an end to end suite of high quality services to our partners, and is well positioned as one of the global leaders in contract manufacturing, Sharma said.
|Company Name||Piramal Pharma Solutions|
|Estimated Cost||$10 Million|
|Jobs||40 New Jobs|