Pramod Yadav, Jubilant Pharma Limited CEO

Ju­bi­lant Hol­lis­ter­Sti­er pumps $77M in­to Mon­tre­al fa­cil­i­ty to dou­ble its ca­pac­i­ty

Fresh off net­ting a con­tract from the US gov­ern­ment for its fa­cil­i­ty in Wash­ing­ton, CD­MO Ju­bi­lant Hol­lis­ter­Sti­er is look­ing north of the bor­der for its next move.

The com­pa­ny, a sub­sidiary of Sin­ga­pore-based Ju­bi­lant Phar­ma Lim­it­ed, has se­cured a deal with the Gov­ern­ment of Que­bec to spend $77 mil­lion to ex­pand the ca­pac­i­ty at its fa­cil­i­ty in Mon­tre­al. In­vestisse­ment Que­bec grant­ed a $19.2 mil­lion loan to help with the ex­pan­sion ef­forts.

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