Pharma BD Deal Intelligence
Piramal Pharma Limited completed the acquisition of an additional 40.67% equity stake in Yapan Bio Private Limited, a Hyderabad-based vaccines and biologics contract development and manufacturing organisation, for aggregate cash consideration of Rs 76 crore (approximately USD 7.95 million). Piramal exercised a call option to lift its holding from 33.33% to 74.00%, converting Yapan Bio from an associate company into a subsidiary. Yapan Bio's large-molecule capabilities will be integrated into the Piramal Pharma Solutions service offering to broaden development and manufacturing services for complex biologics.
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