Belgium based Eurofins inaugurates BioPharma Services Campus in Genome Valley
Hyderabad: Belgium headquartered Eurofins, the world leader in testing for life, has inaugurated its state-of-the-art, BioPharma Services Campus in Genome Valley.
Coming up in 15 acres land with an investment of Rs 1000 crore, the Hyderabad Campus, including laboratory and office, would be the 2nd BioPharma Services Campus in the country.
The Campus in Genome Valley will provide services in Discovery Chemistry & Discovery Biology, Safety Toxicology, Bioanalytical Services and Formulation Development to global pharmaceutical companies.
The centre was inaugurated by Telangana IT and Industries Minister K T Rama Rao in the presence of E V Narasimha Reddy,Vice Chairman and Managing Director, Telangana State Industrial Infrastructure Corporation (TSIIC), Shakthi M Nagappan, Director Life Sciences and Pharma, Government of Telangana and, Mr. Neeraj Garg, Regional Director, Eurofins and Mr Rajiv Malik, Managing Director of Eurofins Advinus.
Speaking at the inauguration, KTR said, “ As part of the company's ambitious growth plans, Eurofins will be investing around Rs. 1000 crore and will create employment for around 2000 people over the years. It is our vision to establish Genome Valley as the “global valley of growth” for innovation and R&D and Eurofins’ inauguration marks another milestone in our journey”.
Mr. Neeraj Garg, said in India, Eurofins, through Eurofins Advinus provides services to Pharmaceutical and Agrosciences companies for their R&D needs. “This new state of the art, BioPharma Services Campus reaffirms Eurofins commitment to invest in India.
“We identified Hyderabad, and in particular Genome Valley, as an attractive place to invest because of the ecosystem existing in the city, and the ease of doing business" he said.
We believe Hyderabad will be a strategic location for Eurofins in our global BioPharma services network, he added.
Mr Rajiv Malik, explained that “the Hyderabad campus shall be expanded to become the showcase site for Eurofins in India, encompassing services across the complete Pharma R&D value chain from Discovery to Development to GMP testing, both for small molecules and large molecules”.
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