A pharmaceutical company is expanding in Lexington’s Coldstream Research Campus by putting $80 million toward additional square footage that will support 45 new jobs and build on existing partnerships with the University of Kentucky, the city, and the chamber of commerce.
Piramal Pharma is building another manufacturing facility, adding 24,000 square feet to support the company as it brings new drugs to market and makes them available for purchase and use. The company brings more jobs to its existing operation, and its leadership said the additional space will allow its clients and patients to have easier and faster access to medication.
In its current facility, the India-based company that develops and manufactures drugs kept in vials can produce about 100 batches of medications annually. With the new facility, the number of batches nearly doubles with a new filling line, two commercial freeze dryers, a special capping machine and external vial washer…