Remedium Lifecare ramps up R&D and CDMO, lands ₹182.7 crore export contract
Team Finance Saathi
13/May/2025

What's covered under the Article:
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Remedium Lifecare is upgrading its CDMO and R&D facility to support global expansion and improve margins.
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The company secured a ₹182.7 crore export contract and is pursuing green chemistry partnerships for sustainable pharma solutions.
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Its rights issue saw a strong 50% subscription by the 8th day, supporting the facility upgrade and global initiatives.
Remedium Lifecare Ltd, a Mumbai-based pharmaceutical company, is embarking on a transformative journey by significantly strengthening its Contract Development and Manufacturing Organization (CDMO) and Research & Development (R&D) infrastructure. The goal? To evolve from a pharmaceutical trader into a fully integrated pharmaceutical solutions provider with a global reach.
The company is directing its focus toward building a strong footprint in the UK and Europe, supported by facility upgrades, technological integration, and green chemistry innovation.
₹182.7 Crore Export Deal Secured
The major breakthrough in Remedium's global strategy came with the announcement of a ₹182.7 crore multi-year export contract with a leading pharmaceutical distributor in the UK and Europe. This marks a significant leap for the company as it establishes itself on the international pharmaceutical map.
This contract validates Remedium’s enhanced manufacturing and testing capabilities, and reflects global confidence in its revamped business model.
What Does the CDMO Upgrade Involve?
Although no new manufacturing capacity is being added, the CDMO upgrade introduces dedicated infrastructure for quality control and testing, specifically:
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Advanced testing equipment for validating inbound and outbound materials
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Expanded lab space for product development and R&D
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Dedicated CDMO infrastructure for international client projects
These steps will improve operational efficiency, facilitate backward integration, and accelerate the development of pharmaceutical products and intermediates, positioning Remedium as a reliable global partner.
Statement from Leadership
Mr. Adarsh Munjal, Whole Time Director of Remedium Lifecare Ltd, stated:
“Our focus is to build a robust foundation for CDMO and R&D services that will position Remedium to secure new contracts, drive innovation, and improve margins through backward integration.”
The facility’s new capabilities will support international project execution, allowing Remedium to meet customer-specific quality standards without being restricted by USFDA or EU regulatory requirements for regulated markets. This flexibility enhances the company’s speed-to-market in new geographies.
Strong Response to Rights Issue
As of the 8th day of the rights issue, Remedium received a near 50% subscription, collecting ₹24.27 crore out of a targeted ₹24.28 crore, with each share priced at ₹1. The rights issue closes on May 14, 2025, with the renunciation window running from April 30 to May 9, 2025.
This funding is crucial to support the CDMO infrastructure upgrade and enhance research and testing capabilities. It also reflects strong investor confidence in Remedium’s strategic pivot.
Green Chemistry Innovation through JiyaYu Lifesciences
To further enhance its sustainability profile, Remlife Global PTE Ltd (Remedium's Singapore-based subsidiary) has partnered with JiyaYu Lifesciences, a platform that pioneers green chemistry technologies.
This collaboration will enable Remlife Global to:
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Replace animal-origin raw materials in API manufacturing
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Use bioprocesses that are sustainable, cost-effective, and regulatory compliant
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License fully developed technologies from JiyaYu
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Scale and commercialize these innovations at GMP-compliant sites
This initiative places Remedium at the forefront of ethical and environmentally responsible pharma manufacturing.
Strategic Outlook
Remedium’s evolution is not just a business shift—it’s a long-term strategic transformation aimed at:
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Building value-accretive assets
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Improving client retention
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Enhancing margins through innovation
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Strengthening its position as a diversified pharmaceutical partner
The company’s multi-pronged approach—rights issue funding, CDMO & R&D upgrades, and global partnerships—lays the groundwork for a resilient and innovative business model.
Conclusion
Remedium Lifecare is on a strong growth trajectory, backed by smart capital deployment, technological investments, and a clear global vision. The company’s focus on testing, quality control, innovation, and sustainability is paving the way for long-term international success in a rapidly evolving pharmaceutical landscape.
Investors, partners, and clients can expect Remedium to emerge as a key player in global pharma services, with a unique blend of cost-efficiency, quality control, and ethical manufacturing.
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