Piramal Pharma Solutions (PPS), a Contract Development and Manufacturing Organization (CDMO) and part of Piramal Pharma Ltd., celebrated the opening of its expanded antibody-drug conjugate (ADC) manufacturing facility in Grangemouth, Scotland, UK.

Peter DeYoung, Chief Executive Officer, Piramal Pharma Solutions, stated, "The global ADC market is growing strongly and so is the pipeline at Grangemouth, necessitating additional capacity to meet customer demand. This expansion allows us to cater to further growth and take on future projects. We see the market gravitating towards large and commercial scale manufacturing, which the new facility is well equipped to address. We've now doubled our ADC production capacity, strengthening our ability to service customers throughout the entire drug lifecycle."

Adrian Gillespie, Chief Executive of Scottish Enterprise, commented, "Today's opening marks the completion of Piramal's welcome £45 million investment into Scotland's life sciences sector, creating and safeguarding high-quality jobs. We're pleased that the company chose Scotland as the ideal location for its pioneering work on ADCs – a new and growing area of medical innovation. We look forward to continuing and deepening our relationship with Piramal."

Wellbeing Economy Secretary Neil Gray said, "This £45 million investment in pharmaceutical innovation helps build on Scotland's strengths in health and life sciences, creating new jobs and opportunities as part of a fair and growing wellbeing economy. It also augments Grangemouth's heritage as a critical manufacturing hub for Scotland."

Secretary Gray added, "Scotland's National Innovation Strategy sets out our vision for becoming one of the most innovative small nations in the world over the next decade, working with partners to grow world leading excellence in our priority areas."