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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.

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Piramal Alternatives invests $13.2 mn in contract drugmaker Biodeal

Piramal Alternatives, the fund management arm of the Piramal Group, has announced a Rs 110-crore ($13.2 million) investment in Noida-based Biodeal Pharmaceuticals, a contract development ......

India , Sreeja-biswas , Anurag-kumar , Piramal-alternative-performing-credit-fund , Piramal-group , Biodeal-pharmaceuticals , Piramal-alternatives , Noida-based-biodeal-pharmaceuticals , Piramal-alternative-performing-credit , Harmony-organics , Azad-engineering , Subscribe-now