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Piramal Pharma saw lower FY26 revenues due to global delays and regulatory issues, but cost controls and strategic moves supported recovery and growth.
Piramal Pharma reported lower revenues in FY26 due to inventory adjustments, delayed orders, and regulatory setbacks for inhalation anesthesia outside the U.S., but EBITDA was supported by cost controls.
A recovery began in October 2025, driven by improved biopharma funding and increased M&A activity.
The company is expanding its Lexington and Riverview facilities with a $90 million investment, attracting strong onshoring interest.
It acquired Kenalog® from Bristol-Myers Squibb for $35 million upfront and up to $65 million in contingent payments.
Piramal maintained a 'Zero OAI' compliance record across 30 inspections, including two USFDA audits, and remains confident in long-term growth, citing historically strong Q4 performance.
Piramal Pharma registró menores ingresos en el ejercicio fiscal 26 debido a retrasos globales y problemas regulatorios, pero los controles de costos y las medidas estratégicas respaldaron la recuperación y el crecimiento.