Bristol-Myers Squibb announces $100 mn investment in Hyderabad
Deccan ChronicleHYDERABAD: US-based Bristol-Myers Squibb, a global biopharmaceutical company has announced to invest 100 million USD in Hyderabad to set up its first Science, Technology and Innovation Centre in India. There is good talent here that can be harnessed," adding that Hyderabad was an instant choice to locate the innovation centre due to the availability of required infrastructure, resources and manpower. The Hyderabad innovation centre, which is likely to be operational by the third quarter of the next financial year, will have 1,500 professionals of different skill sets over the next three years, he said. The innovation centre to be set up in Hyderabad diverse professionals including from IT, physicians, medical writing experts among others," Hirawat said.