Bristol Myers Squibb opens new USD 100 million facility in Hyderabad
Written By : Ruchika Sharma
Medically Reviewed By : Dr. Kamal Kant Kohli
Published On 2024-02-28 08:00 GMT | Update On 2024-03-21 09:56 GMT
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Hyderabad: Bristol Myers Squibb, one of the world's largest biopharmaceutical companies, has announced the opening of a new facility in Hyderabad.
Invested over $100 million in the creation of this cutting-edge state-of-the-art facility, the company will expand its global drug development and IT & digital capabilities and is expected to be home to over 1,500 employees, the company said in a release.
The new site expands Bristol Myers Squibb’s global footprint and will serve as an innovation hub, as the company writes the next chapter in its history.
The facility was officially opened in the presence of Telangana Minister for Industries & Information Technology D Sridhar Babu.
Dr. Christopher Boerner, Chief Executive Officer, Bristol Myers Squibb and Greg Meyers, Chief Digital & Technology Officer, Bristol Myers Squibb, as well as several members of the Bristol Myers Squibb global and Hyderabad leadership teams were present at the event.
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