KTR opens Syngene's R&D facility in Hyderabad
Telangana Minister for IT and Industries KT Rama Rao on Monday inaugurated a new research and development centre of Syngene International at Genome...
Hyderabad: Telangana Minister for IT and Industries KT Rama Rao on Monday inaugurated a new research and development centre of Syngene International at Genome Valley here.
Speaking on the occasion, he said life sciences industry is one of the key focus areas of the state for its industrial development and with 800-plus pharma, biotech and med-tech companies, the state has one of the largest life sciences sectors in Asia.
"My government is fully committed to supporting the life sciences sector and companies like Syngene," he said.
Appreciating managing director of Syngene Kiran Mazumdar Shaw for setting up the R&D centre, the minister said the facility was being implemented in two phases at an investment of Rs 170 crore and would employ a multi-disciplinary team of about 270 highly skilled scientific talent.
Incorporated in 1993, Syngene is an internationally reputed contract research and manufacturing organisation, which supports R&D programmes from lead generation to clinical supplies.