Focus Is On Creating Wealth And Opportunities In State, Says KTR
Deccan ChronicleHyderabad: Stating that the government was focused on creating wealth and opportunities, industries minister K.T. On a day when he participated in several programmes in the city, Rama Rao inaugurated India’s first commercial scale oligonucleotide production centre at the campus of Chemo India Formulation Private Limited by Insud Pharma, a leading Spanish multinational pharma company, in Genome Valley here. It also ranks among the top five globally, alongside brand companies, with a focus on the US, EU, and numerous global markets The state-of-the-art research and production centre has been approved by FDA, the Spanish health agency, the Drug Control General of India and international agencies. Meanwhile, Rao participated in the groundbreaking ceremony for the expansion of Syngene International's research laboratory at Genome Valley. Syngene, a leading global contract research, development and manufacturing services organisation, plans to build state-of-the-art research laboratories with a total investment of Rs 788 crore and create up to 1000 jobs.
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