• Yapan Bio Private Limited specializes in process development, characterization, and phase I and II GMP manufacturing services for vaccines and biologics.
• Piramal has held a stake in Yapan Bio since 2021, enabling the Company to provide a broad range of capabilities across biologics development and manufacturing.
• This acquisition transforms Yapan Bio from Piramal’s associate company to its subsidiary, enhancing the Company’s ability to offer complex, integrated large molecule CDMO services.

MUMBAI, India, Aug. 19, 2026 /PRNewswire/ — Piramal Pharma Ltd. (NSE: PPLPHARMA) (BSE: 543635) (“PPL) has completed the acquisition of an incremental 40.67% stake in Yapan Bio Private Limited (“Yapan Bio”), a Hyderabad-based CDMO specializing in vaccines and biologics for an aggregate cash consideration of ₹76 crore, or $7.95M USD. As a result of this transaction, PPL now owns 74% of Yapan Bio’s equity, making Yapan Bio a subsidiary of PPL.

Finalized on August 18, 2026, the acquisition marks a major step forward in PPL’s long-range plan to expand its presence in the biologics sector. With the finalization of this deal, PPL will fully embed the subsidiary’s advanced large molecule capabilities into its integrated service offering, enabling the Company to offer customers broader services in the space and expanding its ability to develop and scale complex biologic therapies with greater efficiency. The subsidiary will continue to operate within the structure of Piramal Pharma Solutions (PPS), the CDMO arm of PPL.

Yapan Bio also directly supports ADCelerate™ — PPS’s fixed-price, integrated platform that streamlines Phase I ADC development from R&D to GMP in as little as 12 months. This acquisition further enhances ADCelerate™ and reinforces PPL’s ability to deliver life-saving ADCs to market with speed and consistency.

“This strategic investment doesn’t just fuel our long-term growth; it also puts Patient Centricity into action,” said Peter DeYoung, CEO, Piramal Global Pharma. “By integrating Yapan Bio’s specialized expertise into our global network, we’re empowering our partners to meet a rising global demand for complex biologics and helping patients worldwide secure continued access to the therapies they need.”

About Piramal Pharma Solutions

Piramal Pharma Solutions (PPS) is a Contract Development and Manufacturing Organization (CDMO) offering end-to-end development and manufacturing solutions across the drug life cycle. We serve our customers through a globally integrated network of facilities in North America, Europe, and Asia. This enables us to offer a comprehensive range of services including drug discovery solutions, process and pharmaceutical development services, clinical trial supplies, commercial supply of APIs, and finished dosage forms. We also offer specialized services such as the development and manufacture of highly potent APIs, antibody-drug conjugations, sterile fill/finish, peptide products and services, and potent solid oral drug products. PPS also offers development and manufacturing services for biologics including vaccines and gene therapies, made possible through Piramal Pharma Limited’s subsidiary, Yapan Bio Private Limited.

For more information visit: Piramal Pharma Solutions | LinkedIn| Facebook | X

About Piramal Pharma Limited

Piramal Pharma Limited (PPL, NSE: PPLPHARMA I BSE: 543635), offers a portfolio of differentiated products and services through its 17 global development and manufacturing facilities and a global distribution network in over 100 countries. PPL includes Piramal Pharma Solutions (PPS), an integrated contract development and manufacturing organization; Piramal Critical Care (PCC), a complex hospital generics business; and the Piramal Consumer Healthcare business, selling over-the-counter consumer and wellness products. In addition, one of PPL’s associate companies, Abbvie Therapeutics India Private Limited, a joint venture between Abbvie and PPL, has emerged as one of the market leaders in the ophthalmology therapy area in the Indian pharma market.

For more information, visit: Piramal Pharma | LinkedIn

In the news release, Rayence Breaks the Boundaries of Point-of-Care Imaging with the Launch of Integrated Portable X-ray Diagnostic Solutions ‘Anywhere-M’ and ‘Anywhere-V’, issued 18-Aug-2026 by Rayence over PR Newswire, we are advised by the company that the first paragraph has been updated and a special note [(AI-generated image)] should be added into photo caption so it should read: [Rayence expands the boundaries of point-of-care imaging with its new integrated portable X-ray diagnostic solutions, Anywhere-M for human healthcare and Anywhere-V for veterinary and field animal care. (AI-generated image)] as originally issued inadvertently. The complete, corrected release follows:

Rayence Breaks the Boundaries of Point-of-Care Imaging with the Launch of Integrated Portable X-ray Diagnostic Solutions ‘Anywhere-M’ and ‘Anywhere-V’

• Integrated all-in-one workflow combining a portable X-ray generator, detector, and imaging software
• Powered by Rayence’s proprietary SHINE denoising algorithm and military grade detector durability for emergency, disaster relief, and field diagnostics
• Cost effective, high performance solution designed to accelerate the expansion of telemedicine and mobile healthcare worldwide

HWASEONG, South Korea, Aug. 19, 2026 /PRNewswire/ — Rayence, a global leader in digital X-ray detectors and medical imaging solutions, today announced the launch of its next-generation portable X-ray diagnostic solutions, designed to extend diagnostic imaging beyond the traditional hospital environment and bring high quality care directly to the point of need. The new lineup includes ‘Anywhere-M’, a mobile imaging solution for human healthcare, and ‘Anywhere-V’, a portable diagnostic solution optimized for veterinary and field animal care.

Unlike conventional portable systems that simply bundle individual devices together, the ‘Anywhere‘ series is a fully integrated all-in-one diagnostic solution that seamlessly combines a portable X-ray generator, a high resolution digital detector, and Rayence’s dedicated imaging software platforms, ‘Xmaru Pro’ for human healthcare and ‘VetView Pro’ for veterinary applications, into a unified imaging workflow.

Designed for effortless interoperability, the system minimizes setup complexity and eliminates time consuming calibration procedures, enabling healthcare professionals to acquire diagnostic quality images almost instantly. The solution is expected to significantly enhance diagnostic efficiency in emergency departments, trauma centers, disaster relief operations, military medical units, and home healthcare settings, where rapid decision making is critical and access to conventional imaging infrastructure is limited.

Anywhere-M: Portable Imaging Solution for Emergency and Home Healthcare

The Anywhere-M solution overcomes one of the most significant limitations of portable X-ray systems, reduced output efficiency, through Rayence’s proprietary ‘SHINE (Smart High-resolution Image Noise Elimination)’ technology.

SHINE is an advanced image processing algorithm that dramatically improves the signal-to-noise ratio (SNR) of low dose X-ray images, producing exceptionally clear, high resolution diagnostic images without requiring additional hardware. This enables clinicians to obtain hospital grade image quality in challenging environments while minimizing patient radiation exposure.

The system supports real time, high resolution imaging across a wide range of anatomical regions, including the chest, shoulder, knee, skull, and hand, empowering medical professionals to make confident diagnostic decisions wherever care is delivered.

To maximize reliability in demanding environments, the hardware has been engineered with durability as a top priority. The wireless digital detector has successfully passed a 1.2 meter drop test in accordance with U.S. military standards (MIL-STD-810H). This ensures dependable performance in emergency response and field operations where accidental drops are common.

Additional features include an anti-slip protective bumper, hot swappable batteries that allow uninterrupted operation without powering down the detector, and a patient load capacity of up to 140 kg. These features enable safe imaging from the extremities to the abdomen.

The portable generator is equipped with a high capacity battery capable of delivering up to 493 exposures on a single charge. For improved usability in low-visibility environments, it also features an LED collimator and dual laser positioning system, allowing operators to accurately visualize the exposure field before imaging.

Anywhere-V: Portable Veterinary Imaging for Field and Large-Animal Practice

The newly introduced Anywhere-V package delivers a practical, high performance imaging solution tailored to the unique demands of veterinary medicine, including equine hospitals, livestock farms, wildlife rescue centers, and large animal field practice.

By offering an affordable alternative to expensive fixed imaging systems, Anywhere-V lowers the barrier to adopting advanced diagnostic technology and enables veterinary professionals to establish high quality imaging capabilities at a significantly lower cost.

The package supports multiple portable generator options including X-Lite, PXP-40HF, and VET-20BT, available in both battery powered and AC powered configurations to accommodate diverse clinical environments.

Its wireless detector offers an optional battery capable of operating for up to 16 hours, maximizing mobility during extended field operations.

Like the human healthcare solution, Anywhere-V incorporates Rayence’s proprietary SHINE technology, enabling veterinarians to clearly identify subtle fractures and soft tissue abnormalities even under challenging field conditions.

A Rayence spokesperson commented,

“Anywhere-M and Anywhere-V represent a new generation of truly integrated mobile imaging systems engineered to optimize the performance of the X-ray generator, detector, and imaging software as a single, unified platform. By eliminating the limitations imposed by location and infrastructure, these solutions establish a new benchmark for point-of-care diagnostic imaging. We are confident they will set a new standard for field diagnostics and strengthen Rayence’s leadership in the U.S. medical and veterinary imaging markets.”

About Rayence

Rayence (KOSDAQ: 228850) is a global leader in the development and manufacturing of high performance digital X-ray detectors and advanced medical imaging solutions. Built upon proprietary core technologies and a strong commitment to research and development, Rayence continues to deliver innovative imaging technologies that empower healthcare professionals worldwide and strengthen its position as a trusted partner in the global medical imaging industry.

The acclaimed Elora haven evolves with 100-acre private nature conservation, a historic Canadian manor for private escapes, a museum-worthy collection of 7 figure gemstones in the hotel walls, and an elevated culinary programme of rotating star Chef dinners including newly arrived Royal Chefs.

ELORA, ON, Aug. 19, 2026 /PRNewswire/ — Kat Florence Hotel, the intimate luxury retreat built by seven-time world record-breaking rare gemstone artist Kat Florence, unveils its most significant evolution since opening. On September 1, the hotel will introduce The Kat Florence Reserve, a private 100-acre wilderness sanctuary; the Imperial Jade Manor, an exclusive, 1870’s Canadian heritage residence featuring jaw-dropping restorations like a 6-figure custom stone hot bath beneath the stars and Canada’s first Top Chef Winner as guests’ Private On-Site Chef; an evolving collection of some of the world’s most extraordinary, multi-million-dollar Kat Florence gemstones imbedded in the hotel’s very walls; and a series of stay-inclusive, nightly culinary experiences led by internationally acclaimed celebrity and Royal Chefs.

Together, the additions represent a natural evolution for the celebrated boutique hotel, further establishing it as one of Canada’s most high end, private, ultra-rarity-seekers’ travel destinations where fine artistry, royal hospitality, and nature’s beauty exist in remarkable harmony.

“Everything I make, I make because it exists only once,” says Kat Florence. “That’s true of the stones I set, and it’s true of this hotel. I do not build for more guests. I build so the guests I do have receive something that can’t be repeated anywhere else. Every layer I’ve added is something I’d want for someone I love staying under my own roof.”

At the heart of the experience is the Kat Florence Reserve, an exclusive 100-acre private nature sanctuary that extends the guest experience beyond the hotel’s historic limestone.

Accessible only to selected hotel guests and by invite-only, the Reserve estate includes Kat’s personal residence, and encompasses protected forest and wildlife, 2500 linier feet of secluded riverbanks and 100 acres of a private natural reserve of the famous Elora Gorge. Invited guests will experience the grounds with Kat’s Private Reserve Guide, exclusively one couple or suite at a time (to protect the land), to enjoy restorative forest walks, local wildlife spotting, and luxury picnics at the Gorge river. The conservation is not and will never be intended for the masses; Kat Florence passionately purchased this land in her hometown to ensure it never gets corporation-developed on, and that this sanctuary of her childhood remains lovingly cared for but vastly untouched for the plant and wildlife within.

Imperial Jade Manor

Complementing the introduction of the Reserve is Imperial Jade Manor, a meticulously Kat-restored heritage residence (formerly Rosemount Cottage, est. 1870’s, and later Saint Margaret’s All Girls School) the artist personally lived in and hosted numerous VIP gem clients and celebrities in over the years. The acre estate was raised in the Italianate Revival style from limestone quarried close to home – the same stone that has given Elora its character since the mid-nineteenth century.

In addition to expected grandiose elements like in-residence spa facilities, 6-figure custom stone hot bath beneath the stars, 60 foot swimming pool and much more, the Imperial Jade Manor houses its own, celebrity Private Chef to cater to those staying in residence: Chef Dale Mackay, Canada’s first Top Chef winner, the formerly youngest ever recipient of the Relais & Chateaux Grand Chef designation, former Head Chef for Gordon Ramsey in New York and Japan, former Executive Chef of Daniel Boulud’s Dinex Group and many more.

Nightly, Star Chef Dinners Included For All Hotel Guests (And The New, Royal Chef)

Every stay at The Kat Florence Hotel is accompanied by a multi-course tasting dinner each and every night, prepared and led by a team of her rotating Master Chefs. Renowned names of her Chef fleet including Anthony Bish (as seen on Master Chef, Iron Chef, cooking for royal families and more) and Chef Marc Collyer (formerly of twice Michelin starred The Manor House UK), and newly arrived to the fleet is Private Chef to the stars and royals around the globe as well as international television personality Neill Anthony. Chef Neill comes from decades of Michelin fine dining abroad (with Gordon Ramsay, Marcus Wareing and Alyn Williams), and has cooked for an endless list of the world’s most private and wealthy include Britain’s King Charles, Prince and Princess of Wales, William and Kate, Elton John, Madonna, U2, Paul McCartney, been on tour with Middle Eastern Royal families as their private on-call Chef, and much more.For those fortunate to get an invite, royalty-regular Chef Neill will be cooking at Don & Kat’s Private Dining escape on the river, a tranquil riverside space, with private terrace overlooking the Grand River.

The new Library on the River offers an additional peaceful setting for hotel guests to read, work, relax and take in the surrounding landscape. Complimentary Sundowners happen once or multiple times during your stay inspired by luxury safari lodges of Southern Africa, where guests gather and mingle for outdoor drinks before supper.

When you stay at the house of Kat Florence, you never know which of her Master Chefs will be entertaining you that evening, or what inspired ingredients and flavours you’ll be experiencing. You just know you’ll be sitting down to the rarest of elite Chef dining experiences on Earth, every night you’re staying in her haven – her gift to all her guests.

A Living Gemstone Gallery

Art has always been at the heart of Kat Florence’s vision, and beginning this season, guests will discover an evolving collection of museum-worthy, 7 figure value gemstones displayed throughout the hotel’s original 1848 limestone walls, transforming the historic building’s Living Room into a living gallery unlike any other in North America.

Carefully curated from the Kat Florence Atelier, the rotating collection includes the largest, flawless 424.8 carat Royal Velvet Blue Tanzanite ever offered at auction, the largest matching pair of Flawless Unheated Paraiba earrings to ever go to auction and the world’s largest flawless 52.48 carat Jeremejevite set in D flawless diamonds. Rather than sitting behind traditional museum displays, these extraordinary works instead provide inviting moments of unexpected discovery as guests move through the property.

Since opening, Kat Florence Hotel has earned international recognition for its intimate, highly personalized approach to ultra-rare travel experiences and royal hospitality. This expansion builds on that vision while further establishing both the hotel and Elora as one of Canada’s most compelling, exclusive tourism destinations.

Press here for full photo gallery of Coco Rocha and Kat Florence
For interviews, media visit requests or additional high res images contact: service@strategyhouseagency.com 

About Kat Florence Hotel (www.katflorencehotels.com / @katflorencehotels)
Nestled along the banks of the Grand River in the heart of Elora, Ontario, Kat Florence Hotel is an intimate prestige retreat founded by world-renowned jewellery designer and seven-time world record-breaking rare gemstone artist Kat Florence. Housed within a meticulously restored 1848 limestone building, the hotel seamlessly blends heritage architecture with contemporary luxury through thoughtfully designed accommodations, exceptional dining and deeply personalized service. 

All guest stays at Kat Florence Hotel famously include:
*Chef’s Tasting Dinner by one of Kat’s world-renowned star Chefs every night you stay
*Breakfast baskets, freshly baked & delivered to your room each morning, just-made by Chef Marc Collyer (formerly of Michelin “The Manor House” in The Cotswolds)
*Chilled welcome bottle of Veuve Clicquot Champagne, love Kat x
*60 Minute, La Mer-infused massage in your suite by Kat’s personal, Master Masseuses
*Outdoor Nordic spa hot & cold therapy pools, sauna and fireplace
*Limitless, day to night access to edible art at the hotel’s ‘Infinity Patisserie’ by Chef Marc
*Rolls Royce & Bentley chauffer and valet service
*Personal concierge service for your every errand or need

The new product verifies both the AI agents that talk to customers and the agents that act on systems, generating test scenarios directly from code, grading every action against real evidence, and reporting an assurance gap for everything it could not verify

SAN FRANCISCO and NOIDA, India, Aug. 18, 2026 /PRNewswire/ — TestMu AI (formerly LambdaTest), the world’s first Agentic AI-native Quality Engineering platform, announces Agent Assurance, a product built to answer the question every engineering team shipping AI agents now faces: is this agent safe to ship? Agent Assurance covers both kinds of agent in one product: the Conversational Agent category – which evaluates human-facing agents across chat, voice, phone, video, and image; and the new Autonomous Agent category, which verifies agents that act on systems: calling tools, writing files, hitting APIs, and opening pull requests.

Most teams today test autonomous agents by reading the agent’s own account of what it did: a transcript, or a judge’s score over its final message. Agent Assurance grades the effect instead. Pointed at a codebase, it works out what the agent does, generates an end-to-end agent testing suite that spans agent functional testing, non-functional checks, and adversarial scenarios, invokes the agent for real, and judges every criterion against observed evidence: files that changed on disk, artifacts produced, and tool calls verified against the agent’s own declared tool surface.

Alongside pass and fail, Agent Assurance reports a third verdict, unable to verify, excluded from the pass rate and published as a number: the assurance gap. Every result in a report is one that was actually observed, and because the gap reflects how much an agent records about its own actions, teams can shrink it by making their agents more observable.

“Engineering teams are accumulating validation debt at exactly the layer where the stakes are highest. An agent’s account of what it did is the weakest evidence available about what it did – it is the one party with a reason to be wrong,” said Vipul Verma, Group SVP Of Engineering, TestMu AI. “Every tool in this space reports a pass rate. Agent Assurance reports the pass rate and the size of its own blind spot, because that is the only way the number becomes one you can trust to move.”

With Agent Assurance, teams can:

• Test without writing tests — agent automation testing where the suite is derived from the codebase; the only input is how to invoke the agent, whether a command, an HTTP endpoint, an MCP server, or a workflow built on platforms like n8n.
• Cover the adversarial surface by default — prompt injection, tool misuse, and instruction-override scenarios are generated as a first-class family, not an add-on.
• Gate releases in CI — continuous agent testing in every pipeline, from agent smoke testing on each commit to full pre-release runs, with headless commands and exit codes that distinguish “the agent did something wrong” from “the harness could not test it.”
• Track change with confidence — agent regression testing with run-over-run diffs that separate newly failing, newly fixed, and flaky results, since flakiness and regression call for opposite responses.

The Conversational Agent category is also expanding to the newest surface where software meets people: agents that appear on camera. With the platform’s new Video Agent Testing (Link) capability, a simulated human with a realistic face and voice joins a live video agent’s session, holds a genuine conversation, and grades the agent against team-defined success criteria, with every verdict traced to the exact moment in the recording that earned it. Anything unverifiable from the recording is deliberately counted as not met, a strict standard for a category where the recording is the evidence: a video agent never earns credit for a moment the evaluator could not observe.

The Conversational Agent category is generally available on the TestMu AI platform today. The Autonomous Agent category is available in early access and runs from the terminal as rook, with models executing in the TestMu AI controller so no provider API keys are needed locally. To get started, visit Link.

About TestMu AI

TestMu AI is the world’s first Agentic AI-native Quality Engineering platform, designed to enable organizations to automate and scale testing with intelligence at its core. By combining autonomous capabilities with seamless integration across modern development workflows, TestMu AI empowers teams to deliver faster, more reliable, and secure software in an AI-first world.

For more information, visit TestMu AI