Novartis may expand operations at Hyderabad centre

The Hindu
January 25, 2018

Pharma major Novartis is likely to expand operations at its R&D centre in Hyderabad, the Telangana government said on Monday.

State IT and Industries Minister K.T. Rama Rao met Petra Laux, Global Head Public Affairs Policy, Novartis, on the sidelines of the World Economic Forum at Davos, an official release stated.

“Dr. Petra Laux expressed that Novartis is very happy about the city. She mentioned that their current footprint is about 90,000 square feet of laboratory space employing about 350 scientific researchers; and will be expanding to 1,62,000 sft to establish its High Potent Formulation Development labs along with an Analytical Development Facility which will facilitate 150 more scientific researchers,” the press release said.

The expansion of the Novartis R&D Centre will significantly boost the development of Genome Valley.

In another meeting, the minister discussed the prospect of setting up AirAsia’s Tech Center in Telangana and conducting innovation programmes to support startups in the aerospace sector.

http://www.thehindu.com/business/Industry/novartis-may-expand-operations-at-hyderabad-centre/article22518054.ece

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