Piramal Pharma Solutions secures $1,753,620 investment from the Ontario government to modernize facilities and commercialize health technologies made in Ontario.
Oct 01, 2026
IndiaManufacturingBiotechnologyEnergyRenewable Energy
Description
Piramal Pharma Solutions announced an investment of $1,753,620 from the Ontario government through the Life Sciences Scale-Up Fund. This funding will enable the company to modernize its active ingredient production site in Aurora, Canada. The investment aims to facilitate the commercialization of health technologies manufactured in Ontario. This represents a significant support for Piramal's operations and expansion into new markets.
Company Information
Company
Piramal Pharma Limited
Location
India
About
Piramal Pharma Limited is a significant player in the pharmaceutical industry, focused on manufacturing active pharmaceutical ingredients and intermediates. The company is committed to sustainability and has set ambitious carbon emission targets, aiming to reduce greenhouse gas emissions. Their recent shifts towards renewable energy sources, like biomass briquettes, reflect their dedication to environmentally responsible manufacturing practices.
IndiaManufacturingBiotechnologyEnergyRenewable Energy