Parami Partners

Portfolio Companies

Our investments and value creation approach

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AUM
$ 0 M

Deployed across control investments

CONTROL INVESTMENTS
0

Majority/full control stakes

GLOBAL OPERATING SITES
0

Across regulated markets

REGULATED MARKETS
0 +

U.S., Europe, Emerging

Flagship Investment - Acquired 2023

A specialty pharmaceutical company focused on injectable products across oncology, anti-infectives, and critical care, with a strong presence in the U.S. hospital market.

Our Role

Control investment with active ownership and operational leadership. Dr. Vishy Chebrol, Parami’s Managing Partner, serves as CEO of Sagent — directly leading the company’s transformation.

Value Creation Initiatives

  • Operational restructuring and manufacturing efficiency programme
  • Cost optimization and margin improvement initiatives
  • Supply chain stabilization and API sourcing diversification
  • Portfolio rationalization and pipeline prioritization
  • Strengthening regulatory and quality systems (FDA)
  • Leadership and governance enhancement

Segment: Hospital Generics  |  Market: United States  |  Type: Control Buyout

Investment - April 2024

Founded in 1993 as one of India’s pioneering vaccine companies, acquired by Sanofi in 2009, then reacquired and rebuilt under experienced ownership. Two independent commercial platforms, vaccines and cartridge injectables, mean no dependence on a single product, customer or business.

Our Role

Control investment with active operational leadership, rebuilding both platforms to commercial scale restoring Shanchol OCV to supply and validating the injectables platform with Novo Nordisk as anchor client.

Value Creation Initiatives

  • Restored Shanchol OCV to commercial supply — Indian MA Jan 2025, WHO-PQ Sept 2025, UNICEF supply award 2025–26
  • Validated the cartridge injectables fill-finish platform, with Novo Nordisk as anchor client
  • Built out two campuses: vaccines (9 GMP drug-substance suites, ~150M doses/year) and injectables (two Bosch/Syntegon isolator-based lines, ~130M cartridges/year)
  • Rebuilt a 600+ person team with deep biologics manufacturing and quality experience
  • Embedded growth pipeline: additional combination and standalone vaccines for UNICEF/PAHO and LMIC public markets; added insulin, GLP-1 and biologics CMO programs on the injectables side
  • Material headroom on installed capacity at modest incremental capital

Segment: Vaccines & Biologics  |  Market: Global  |  Type: Platform Investment

Active Investment

India’s first end-to-end domestic manufacturer of Central Venous and Haemodialysis catheters, founded in 2017 by a team from the Armed Forces, engineering and medical device backgrounds. Built entirely from the ground up, Transcath manufactures to clinical standards matching European and American products, in an ISO Class-7 facility certified to ISO 13485, ISO 9001 and GMP.

Our Role

Greenfield platform build — Parami is growing Transcath from India’s most comprehensive indigenous catheter manufacturer into a scaled, diversified medical devices platform, deploying operating expertise across manufacturing, quality and commercial expansion.

Value Creation Initiatives

  • Scaling capacity from 100K kits/variant/year toward 200K within a 3-month ramp
  • Deepening indigenous manufacturing — 95% of production machinery is domestically sourced
  • Expanding pipeline into PICC, epidural catheters and a cancer port, currently in design
  • Strengthening quality systems — ISO 13485, ISO 9001 and GMP certified, 100% QC-tested output
  • Building distribution across private and public hospitals in India
  • Import substitution positioning — competitive pricing versus catheter imports from China

Segment: Medical Devices   |  Market: India |  Type: Platform Build (Greenfield)

Active Investment

A specialized pharmaceutical manufacturing platform supporting complex formulations and global pharmaceutical customers, with established capabilities in regulated manufacturing environments.

Our Role

Strategic operational partnership focused on expanding Gland’s capabilities into high-value regulated market formulations and building its position as a preferred complex chemistry and manufacturing partner.

Value Creation Initiatives

  • Complex formulations development for regulated markets
  • Capacity expansion and facility investment
  • Regulatory filings for U.S. and European market entry
  • Commercial development with global pharma customers

Segment: Formulations  |  Market: Regulated  |  Type: Growth Investment