InvestorQ : Can you tell me about Piramal acquiring Yapan Bio and its purpose?
Tisha Malhotra made post

Can you tell me about Piramal acquiring Yapan Bio and its purpose?

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Aashna Tripathi answered.
5 months ago
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Piramal Pharma, a unit of Piramal Enterprises Ltd or PEL, announced the acquisition of 27.78% stake in Yapan Bio, a contract process development and manufacturing organization (CDMO) company. This unit is based out of the Genome valley in Hyderabad. The total stake buy is valued at Rs.102 crore. Yapan Bio focusses on biologics, which is currently the fastest growing segment within CDMO.

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