Piramal Pharma Solutions bets big on injectables market with $80m expansion—Lexington site to double output by 2027

Piramal Pharma Solutions has announced an unprecedented $80 million expansion of its sterile injectables facility in Lexington, Kentucky. The company’s aggressive move aims to address the surging global demand for sterile injectable treatments. With this new investment, Piramal Pharma Solutions, part of the Piramal Pharma Limited group, is poised to become a leading force in sterile injectable drug manufacturing, significantly expanding its production capabilities.

The Lexington facility, already a cornerstone of Piramal Pharma’s contract development and manufacturing organization (CDMO) network, will undergo a massive transformation. The site will add 24,000 square feet of manufacturing space, alongside a new laboratory and cutting-edge machinery. This expansion will equip the facility with additional commercial-scale capabilities, such as a new filling line, two commercial-size lyophilizers, a special capping machine, and an external vial washer. This impressive enhancement will more than double the site’s manufacturing capacity from 104 to 240 annual batches by the first quarter of 2027, revolutionizing Piramal Pharma’s position in the global injectables market.

According to Peter DeYoung, CEO of Piramal Global Pharma, the expansion represents a crucial response to the increasing demand for sterile injectable drugs, a market projected to exceed $20 billion by 2028. DeYoung emphasized that there is a global shortage of supply for injectable treatments, making it imperative for Piramal to scale its capabilities to meet market needs and ultimately serve more patients.

The expansion isn’t just a corporate win—it’s a huge boost for the local economy. Over 40 full-time jobs will be created, offering new opportunities for Lexington’s workforce. Kentucky Governor Andy Beshear praised the decision, stating that the investment is a vote of confidence in the state’s pro-business environment and resources.

The Race to Lead the Injectables Market

Industry experts see this investment as a strategic leap forward for Piramal Pharma. Nandini Piramal, Chairperson of Piramal Pharma Ltd., noted that the Lexington site will play an instrumental role in the rapidly expanding injectables market, positioning the company to become a key player in the commercial-scale manufacturing segment.

The injectables market has seen robust growth in recent years, fueled by advancements in drug delivery technologies and increasing patient needs. This rising demand is driven by the superior efficacy of injectable treatments in areas such as oncology, infectious diseases, and autoimmune disorders. Experts predict this trend will continue, with more pharmaceutical companies scrambling to secure commercial-scale production partnerships with firms like Piramal Pharma.

Bob Quick, President and CEO of Commerce Lexington Inc., also highlighted the significance of Piramal Pharma’s expansion for the local economy, praising the company’s decision to invest further in the region. He noted that the move underscores Lexington’s attractiveness as a hub for innovation and business growth.

As Piramal Pharma ramps up production in Lexington, its enhanced capabilities are expected to attract more clients seeking sterile injectable drug production at scale. This investment reinforces the company’s position as a comprehensive partner for the entire drug lifecycle—from development to manufacturing.

The future looks bright for Piramal Pharma Solutions as the company takes a giant leap forward in securing its place in the increasingly competitive global injectables market.

Piramal Pharma Expands Lexington Facility to Address Global Injectable Drug Shortage

The $80 million expansion of Piramal Pharma’s Lexington site reflects the broader industry trend of increasing demand for injectable treatments. By significantly boosting production capacity, Piramal Pharma is poised to become a leading global partner in sterile injectable drug manufacturing.

The Economic Impact of Piramal Pharma’s Expansion in Lexington

The expansion project will not only meet growing market needs but will also bring over 40 new jobs to the Lexington area, enhancing the local economy.

Expert Opinions on the Future of Injectables

Peter DeYoung emphasized the urgency of expanding injectable drug manufacturing capabilities to meet soaring demand. He cited the lack of sufficient global supply as a critical issue that Piramal Pharma is committed to addressing. The expansion, according to DeYoung, will allow Piramal Pharma to adapt quickly to the changing pharmaceutical landscape while continuing to deliver high-quality solutions to its clients.

Industry analysts agree that Piramal Pharma’s strategic investment will likely pave the way for other pharmaceutical companies to follow suit, expanding their manufacturing footprints to keep up with the growing need for injectable therapies.

Nandini Piramal echoed this sentiment, underscoring the company’s commitment to scientific excellence and innovation in the biologics manufacturing space. She believes that with the expanded Lexington facility, Piramal Pharma will be well-positioned to offer cutting-edge solutions to pharmaceutical companies worldwide.