SAI Parenterals Acquires 74.6% Stake in Noumed Pharmaceuticals: A Big Leap Toward a Global CDMO Platform
SAI Parenteral’s Limited (SPL) has taken a major step in its global expansion journey. The company announced the acquisition of a 74.6% controlling stake in Adelaide-based Noumed Pharmaceuticals Pty Ltd for Rs. 125 crore. The deal strengthens SPL’s ambition to build a global, innovation-led formulations and CDMO platform.
A Strategic Move Ahead of Its IPO
SPL filed its IPO DRHP with SEBI on September 30, 2025. The offer includes:
A fresh issue worth Rs. 285 crore
An OFS of 3.5 million equity shares
Face value: Rs. 5 per share
This acquisition adds scale and credibility as SPL prepares for public listing.
Why Noumed Matters?
Noumed Pharmaceuticals is a strong player in Australia and New Zealand’s OTC market.
Key highlights:
AUD 60 million revenue
Supplies private-label OTC products to major pharmacy chains
Building a AUD 53 million manufacturing facility in Adelaide
Plant operations expected in Q4 CY 2026
Portfolio includes 451+ product dossiers across multiple therapeutic areas
The acquisition brings SPL deeper access to semi-regulated and regulated markets.
Leadership Voices: What Both Companies See Ahead
A Big Step Toward a Global Formulations and CDMO Platform
Anil KK, Managing Director of SPL, said the deal is transformative.
He highlighted four major synergies:
Combined R&D capabilities
Stronger distribution channels
A deeper dossier library
A modern manufacturing base in Australia
He added that the partnership boosts SPL’s portfolio strength and enhances its entry into regulated markets.
Strengthening Market Reach and Revenue Visibility
According to Anil KK, Noumed’s customer relationships and long-term supply contracts will help SPL improve revenue quality and forecast stability.
Noumed’s View: A Partnership With Momentum
Mark Thulborne, MD of Noumed, welcomed the deal.
He emphasized:
A faster product pipeline
Stronger manufacturing support
Better ability to serve demand in Australia, New Zealand, and global markets
Both leaders view the merger as a long-term value creator.
Backed by Strong Investors
SAI Parenteral’s is supported by:
Samarsh Capital
Vyom Partners
Blue Lotus Capital
Gruhas
This backing strengthens the company’s plans for global expansion.
About SAI Parenterals
SPL is a diversified pharmaceutical formulations company.
It offers integrated services across:
R&D
Regulatory compliance
Manufacturing
Global commercialization
The acquisition moves SPL closer to its goal of becoming a global formulations and CDMO powerhouse.
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