Novartis division Sandoz to set up Global Capability Centre in Hyderabad
The centre will initially have a workforce of 800 employees, with plans to increase to approximately 1,800 people in the near future.;
Hyderabad: Sandoz, a global leader in generics and biosimilars, has announced setting up of their Global Capability Centre in Hyderabad which will provide support for their worldwide knowledge services.
The development is expected to further strengthen Hyderabad's leadership position in the pharma and Global Capability (GCC) space.
The centre will initially have a workforce of 800 employees, with plans to increase to approximately 1,800 people in the near future.
The announcement was made after a Sandoz team, headed by CEO-designate Richard Saynor, met Telangana Industry and Commerce Minister K. T. Rama Rao here on Tuesday.
Sandoz has a development centre in Genome Valley engaged in cutting edge R&D facilities. The team also informed the minister that they are adding a state-of-the-art laboratory focused on automation in the GV facility.
Rama Rao also presented the Hyderabad Pharma City project and highlighted the value proposition for companies like Sandoz. He invited Sandoz to consider setting up large manufacturing centre in Hyderabad.
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