Laurus Labs inaugrates new RnD center at Telangana

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Hyderabad: Laurus Labs Ltd. a research and development driven pharmaceutical and biotech company in India has announced the inauguration of its state of the art new R&D center at IKP Knowledge Park, Plot No DS15, Kolthur Shamirpet Medchal Telangana.
The total investment incurred for setting-up the new R&D is Rs 250 Crore. The 2,00,000 Square foot facility is equipped with modern laboratories and infrastructure. R&D Center is developed to support the CDMO business of Laurus Labs. The facility will provide job opportunities to over 800 people.
The facility was inaugurated by Honourable Shri Duddilla Sridhar Babu Garu, Minister of Information Technology, Electronics & Communications, Industries & Commerce and Legislative Affairs - Government of Telangana along with Dr. Satyanarayana Chava, Founder & CEO Laurus Labs along with other senior management team.
On the occasion of the inauguration Dr. Satyanarayana Chava, Founder & CEO Laurus Labs, said "This will be our 5th R&D center and the new R&D center will be a testimonial to our commitment to innovation and excellence. We believe that this facility will enable us to develop ground breaking solutions that will address unmet medical needs".
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