Multibagger Pharma Company Expands into New Territory with Innovative Pediatric Solution

The stock has delivered 85 per cent in 1 year and gave multibagger returns of 240 per cent in 2 years.

Piramal Pharma Limited, a prominent player in the pharmaceutical industry, has achieved a significant milestone with its Piramal Critical Care division and BrePco Biopharma Limited. The two companies have received approval from the UK Medicines and Healthcare Products Regulatory Agency (MHRA) for Neoatricon®, a pioneering pediatric formulation of Dopamine Hydrochloride.  

This marks the first authorized treatment specifically designed for hypotension in neonates, infants, and children. Neoatricon® addresses a critical gap in pediatric care by providing precise dosing, reducing the risk of under- or overdosing, and minimizing preparation time in emergency settings. The commercialization rights for Neoatricon® have been secured for the EU, UK, and Norway, with Piramal Critical Care responsible for distribution. The approval is a testament to Piramal's strategic focus on expanding into new therapeutic areas and improving health outcomes for pediatric patients. The collaboration with BrePco Biopharma has enabled the introduction of this innovative solution, setting a new standard in pediatric critical care.

Piramal Pharma Limited is a key player in the pharmaceutical sector, operating through three major segments: Contract Development and Manufacturing Organisations (CDMO), Complex Hospital Generics (CHG), and India Consumer Healthcare (ICH). The company has a significant presence in North America, Europe, and India, with 15 CDMO sites and a strong foothold in regulated markets. Piramal Pharma is among the top CDMO players globally and the fourth-largest player in inhalation anaesthesia worldwide.

The company has a diverse portfolio, with a focus on high-quality products and strategic partnerships. It has achieved substantial growth through mergers and acquisitions and aims to become a global leader in pharma, health, and wellness by FY30. With a strong emphasis on quality control and regulatory compliance, Piramal Pharma continues to expand its capabilities and market reach, making it a compelling choice for investors. Piramal Pharma Limited has a market capitalization of over Rs 30,000. The stock has delivered 85 per cent in 1 year and gave multibagger returns of 240 per cent in 2 years.

Disclaimer: The article is for informational purposes only and not investment advice.