Exhibitor Press Releases

Mumbai – Piramal Enterprises Limited (“Piramal,” NSE: PEL, BSE: 500302) announced that its wholly owned Critical Care subsidiary in the UK has completed its acquisition of a portfolio of drugs for spasticity and pain management from Mallinckrodt LLC (“Mallinckrodt”).

The portfolio acquired includes Gablofen® (baclofen), a severe spasticity management product, which is currently marketed in the United States, and two pain management products, which are currently under development. Gablofen® has also been approved for launch in eight European markets. Gablofen® is the only intrathecal baclofen drug available in vials and pre-filled syringes, which are preferred by users over the competing products available in ampoules. The pain management drugs under development are also for intrathecal administration.

For further information on the financials, please visit our website: www.piramal.com:

The potential acquisition is in line with the Group's strategy to boost growth in the healthcare businesses, both organically and inorganically

October 10, 2016, Mumbai: Piramal Enterprises (NSE: PEL, BSE: 500302) announced that its wholly owned Critical Care subsidiary in the UK has entered into an agreement to acquire five anesthesia and pain management injectable products from Janssen Pharmaceutica NV. The products to be acquired are five injectable versions of well-established Janssen brands, Sublimaze (fentanyl citrate), Sufenta (sufentanil citrate), Rapifen (alfentanil hydrochloride), Dipidolor (piritramide), and Hypnomidate (etomidate) (the “Products”).

Piramal has agreed to acquire the brand names and all related IP as associated with the Products, including the know-how to make both the active pharmaceutical ingredients (“API”) and the finished dosage forms of the Products. The Products are currently marketed in over 50 countries.

For further information on the financials, please visit our website: www.piramal.com

Abloy UK and leading medical equipment manufacturer Bristol Maid have supplied the Queen Elizabeth (QE) Hospital Birmingham with over 1,400 keys and 1,600 locks, fitting PROTEC2 CLIQ® and Traka21 advanced key management systems to improve the security of medicines.