Hyderabad to get India's largest stem cell manufacturing lab
The objective of the proposed plant is to capitalise on the latest technology and expertise from the US to manufacture the highest quality and affordable stem cell products for treating various serious medical conditions, release said.
Advertisement
Telangana: US-based StemCures will establish a manufacturing lab in Telangana with a focus on stem cell therapy to create the largest stem cell manufacturing plant in India. An official release from the Telangana government on Wednesday said the facility will be set up with the investment potential of around USD 54 million and employment potential for around 150 people in a couple of phases.
The announcement was made after Dr Sairam Atluri, Founder, StemCures met with Telangana IT and Industries Minister K T Rama Rao in Boston, United States.
The objective of the proposed plant is to capitalise on the latest technology and expertise from the US to manufacture the highest quality and affordable stem cell products for treating various serious medical conditions, it said.
Welcoming the investment, Rama Rao said: "I am delighted to welcome StemCures to Hyderabad. Stem cell therapy is a promising new treatment for a variety of conditions, and I am confident that StemCures will provide high-quality care to patients in India. I look forward to working with the clinic to make stem cell therapy more accessible to patients in India."
"It is so heartening to see Hyderabad, my hometown, transforming into a vibrant hub for medical innovations. Setting up an R&D facility was seamless and now we are looking forward to expanding with the manufacturing plant. I sincerely thank Minister K T Rama Rao along with his team for their expediency and encouragement," Dr Atluri said.
Currently, StemCures is culminating research and development of the stem cell line at Aspire Bionest in University of Hyderabad and is ready to embark on a Phase-1 manufacturing lab.
StemCures is a medical clinic in Ohio that specialises in stem cell therapy. It is an FDA-compliant clinic that uses only the highest quality stem cells.
Our comments section is governed by our Comments Policy . By posting comments at Medical Dialogues you automatically agree with our Comments Policy , Terms And Conditions and Privacy Policy .
Disclaimer: This website is primarily for healthcare professionals. The content here does not replace medical advice and should not be used as medical, diagnostic, endorsement, treatment, or prescription advice. Medical science evolves rapidly, and we strive to keep our information current. If you find any discrepancies, please contact us at corrections@medicaldialogues.in. Read our Correction Policy here. Nothing here should be used as a substitute for medical advice, diagnosis, or treatment. We do not endorse any healthcare advice that contradicts a physician's guidance. Use of this site is subject to our Terms of Use, Privacy Policy, and Advertisement Policy. For more details, read our Full Disclaimer here.
NOTE: Join us in combating medical misinformation. If you encounter a questionable health, medical, or medical education claim, email us at factcheck@medicaldialogues.in for evaluation.