NSEGeneral Updates6d ago · 8 Oct 2026, 09:32 pm
General Updates
Jubilant Pharmova Limited · JUBLPHARMA
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Jubilant Pharmova's Radiopharma business announces investment of CAD 94.5 million to double production capacity of its flagship product, RUBY-FILL, with the Government of Canada providing a financial support of CAD 23.8 million.
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Jubilant Pharmova Limited has informed the Exchange about General Updates
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October 8, 2026
BSE Limited The National Stock Exchange of India Limited
Floor 25, P. J. Towers Exchange Plaza
Dalal Street, Bandra Kurla Complex, Bandra (E)
Mumbai - 400 001 Mumbai - 400 051
Scrip Code: 530019 Symbol: JUBLPHARMA
Subject: Intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015
Dear Sir, Madam,
We wish to inform you that Jubilant’s Radiopharma business announces investment of CAD 94.5
million to double production capacity of its flagship product, RUBY-FILL®.
Date and Time – October 8, 2026; 08:00 PM (IST)
The above mentioned document will be simultaneously posted on the Company's website at
www.jubilantpharmova.com.
We request you to take the same on record.
Thanking you,
Yours faithfully,
For Jubilant Pharmova Limited
Naresh Kapoor
Company Secretary
Encl: As above
Jubilant Pharmova Limited
1A, Sector 16A, Noida – 201301, India
Tel.: +91 120 4361000
www.jubilantpharmova.com
PRESS RELEASE
Noida, October 8, 2026
Jubilant’s Radiopharma business announces investment of CAD 94.5 million
to double production capacity of its flagship product, RUBY-FILL®
The Government of Canada will provide a financial support of CAD 23.8 million to this project through the Strategic
Response Fund’s innovation funding stream.
Jubilant Draximage Inc., a subsidiary of company’s wholly owned subsidiary Jubilant Pharma Limited, today
announced an investment of CAD 94.5 million to modernize and expand its Kirkland, Québec facility and increase
production capacity across its radiopharmaceutical portfolio pipeline. Specifically, the investment is aimed to double
the production capacity of its flagship product RUBY-FILL®. The Government of Canada will provide a financial support
of CAD 23.8 million to this project.
The business continues to see very strong demand for the RUBY-FILL®, the customer base has doubled in the last 3
years. This expansion will allow Jubilant to fulfil the elevated demand.
Speaking on the announcement, Harsher Singh, CEO, Jubilant Radiopharma business said, “This investment
recognizes Jubilant Radiopharma’s innovation capabilities in Nuclear Medicine and the important role our sector plays
in advancing both diagnostic and therapeutic treatments. This project will build our deep capability here in Quebec,
create and secure high-value jobs, and ensure a reliable supply of essential radiopharmaceutical products in Canada
and around the world. ”
Jubilant Radiopharma’s portfolio spans both diagnostic and therapeutic solutions that support precision medicine
across cardiology, oncology, and nuclear medicine. Specifically, RUBY-FILL® enables the on-site production of
Rubidium-82 for cardiac PET imaging, helping clinicians accurately assess coronary artery disease and improve patient
care. The Technetium-99m (99mTc) diagnostic portfolio supports a broad range of SPECT imaging procedures. These
products play a critical role in disease detection, diagnosis, staging, and treatment planning across multiple clinical
specialties, including oncology, cardiology, and neurology. In the therapeutic space, our Iodine-131 products have
long supported the treatment of thyroid disease, thyroid cancer and neuroblastoma through targeted delivery of
radiation to diseased tissue.
The Kirkland facility is the only site in Canada producing these product categories. The investment will support the
modernization and expansion of the facility, including the installation of state-of-the-art production equipment,
enabling Jubilant Radiopharma to double its manufacturing capacity to meet growing global demand for RUBY- FILL®.
About Jubilant Radiopharma
Jubilant Radiopharma is an industry-leading radiopharmaceutical business that comprises development,
manufacturing and commercialization of products through its Radiopharmaceuticals business and distribution
through its national network of Radiopharmacies. The division’s Radiopharmacies business is the second largest
radiopharmacy network in the US with 45 pharmacies distributing nuclear medicine products to the largest national
Group Purchasing Organisations (GPOs), regional health systems, stand-alone imaging centres, cardiologists and
hospitals. Jubilant Radiopharma is focused on “Improving Lives through Nuclear Medicine” on a global scale.
About Jubilant Pharmova Limited
Jubilant Pharmova Limited is an integrated global pharmaceutical company engaged in Radiopharma, Allergy
Immunotherapy, Contract Development and Manufacturing of sterile injectable, Contract Research Development and
Manufacturing, Generics and Proprietary Novel Drugs businesses. With a network of 45 radiopharmacies in the USA,
the Radiopharma business is engaged in manufacturing and supply of radiopharmaceutical products and services. The
Allergy Immunotherapy business is involved in the manufacturing and supply of allergic extracts and venom products
in the USA and other markets such as Canada, Europe and Australia. Contract Development and Manufacturing of
sterile injectables, with facilities in Spokane, USA, and Montreal, Canada, delivers end-to-end manufacturing solutions,
including sterile fill-and-finish injectables (liquid and lyophilized), comprehensive ophthalmic products (liquids,
ointments and creams) and ampoules. Contract Research Development and Manufacturing business provides end-to-
end drug discovery and development services to the pharmaceutical and biotech industries through three world class
research centres (two in India and one in France) and a US FDA approved, Active Pharmaceutical Ingredients
manufacturing facility in Nanjangud, Karnataka. The Generics business focuses on development, manufacturing and
distribution of Solid Dosage Formulations through multiple manufacturing facilities that cater to all the regulated
market including USA, Europe and other geographies. Proprietary Novel Drugs is an innovative biopharmaceutical
business developing breakthrough therapies in the area of oncology and auto-immune disorders. Jubilant Pharmova
has a team of around 5,500 multicultural people across the globe. The Company is well recognised as a ‘Partner of
Choice’ by leading pharmaceuticals companies globally.
For more information, please visit: www.jubilantpharmova.com
For more information, please contact:
For Investors
Runjhun Jain
Pankaj Dhawan
EY India
Phone: +91 120 436 1105
Phone: +91 98207 20993
E-mail: Pankaj.dhawan@jubl.com
E-mail: runjhun.jain1@in.ey.com
For Media Jyoti Sharma
Sandipan Ghatak Ad Factors PR
Phone: +91-98107 76182 Phone: +91 9810519900
E-mail: sandipan.ghatak@jubl.com E-mail: jyoti.sharma@adfactorspr.com
Disclaimer
Statements in this document relating to future status, events, or circumstances, including but not limited to
statements about plans and objectives, the progress and results of research and development, potential product
characteristics and uses, product sales potential and target dates for product launch are forward-looking statements
based on estimates and the anticipated effects of future events on current and developing circumstances. Such
statements are subject to numerous risks and uncertainties and are not necessarily predictive of future results. Actual
results may differ materially from those anticipated in the forward-looking statements. Jubilant Pharmova may, from
time to time, make additional written and oral forward-looking statements, including statements contained in the
company’s filings with the regulatory bodies and its reports to shareholders. The company assumes no obligation to
update forward-looking statements to reflect actual results, changed assumptions or other factors.