Piramal Pharma and NewAmsterdam Pharma Boost Oral Solid Dosage Manufacturing with New Suite
Piramal Pharma Solutions has unveiled a dedicated oral solid dosage (OSD) suite at its Sellersville, Pennsylvania facility in partnership with NewAmsterdam Pharma. This multi-million-dollar investment enhances Piramal's capabilities for producing NewAmsterdam's fixed dose combination of obicetrapib and ezetimibe, a non-statin cholesterol medication. The suite features advanced technology for granulation, compression, tableting, and coating, designed for multi-layer tablet production. The expansion is expected to create over 20 new jobs in the next five years. Piramal's integrated approach involves multiple facilities, including Ahmedabad and Pithampur in India, for development and dual sourcing support.

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Piramal Pharma Solutions, a leading Contract Development and Manufacturing Organization (CDMO) and part of Piramal Pharma Ltd., has announced a significant expansion of its manufacturing capabilities in partnership with NewAmsterdam Pharma Company N.V. The companies have unveiled a dedicated oral solid dosage (OSD) form suite at Piramal's facility in Sellersville, Pennsylvania, USA.
Multi-Million Dollar Investment
The new suite represents a multi-million-dollar investment aimed at enhancing Piramal's oral solid dosage production capabilities. This strategic move is designed to meet the potentially high commercial demand for NewAmsterdam Pharma's fixed dose combination (FDC) of obicetrapib and ezetimibe, a non-statin cholesterol medication to reduce LDL-C.
Enhanced Manufacturing Capabilities
The dedicated OSD suite is equipped with advanced capabilities and technology to support granulation, compression, tableting, and coating. It has been specifically designed for turnkey, multi-layer tablet production, which will significantly improve operational efficiency in delivering NewAmsterdam Pharma's investigational drug therapy, pending approval.
Job Creation and Economic Impact
This expansion is not only beneficial for the companies involved but also for the local economy. Over the next five years, the new suite is expected to create more than 20 new jobs at the Sellersville site, contributing to the local workforce and economic growth.
Integrated Approach to Development
Piramal Pharma Solutions has demonstrated the advantages of its integrated approach to development by leveraging the strengths of multiple facilities:
- The Sellersville site will house the new dedicated OSD suite
- The Ahmedabad PPDS, India site played a crucial role in the product's development
- The Pithampur, India site provides dual sourcing support
This collaborative effort across facilities showcases Piramal's comprehensive capabilities in drug development and manufacturing.
Executive Insights
Peter DeYoung, CEO of Piramal Global Pharma, expressed enthusiasm about the expansion, stating, "This addition will not only enhance our production capacity and speed, but reinforce our commitment to patient centricity, too."
Douglas Kling, COO of NewAmsterdam Pharma, highlighted the strategic importance of the investment, saying, "We are enabling the manufacture of the FDC with exceptional precision and efficiency to meet the future commercial demand."
Looking Ahead
The partnership between Piramal Pharma Solutions and NewAmsterdam Pharma represents a significant step forward in pharmaceutical manufacturing. By investing in advanced production capabilities, both companies are positioning themselves to meet growing market demands and potentially benefit countless patients globally with innovative cholesterol-lowering therapies.
As the pharmaceutical industry continues to evolve, collaborations like this one between Piramal Pharma and NewAmsterdam Pharma demonstrate the importance of strategic partnerships in bringing new medications to market efficiently and at scale.
Historical Stock Returns for Piramal Pharma
1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
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+0.14% | +1.06% | -9.28% | -8.13% | +2.41% | +3.50% |