News APP

NewsApp (Free)

Read news as it happens
Download NewsApp

Available on  gplay

This article was first published 19 years ago
Rediff.com  » Business » AstraZeneca to scale up Indian biz

AstraZeneca to scale up Indian biz

By BS Bureau in Bangalore
June 15, 2004 10:44 IST
Get Rediff News in your Inbox:

AstraZeneca will scale-up its operations in India with the expansion of its Process R&D group in Bangalore.

Announcing the expansion, Kumud Sampath, president, AstraZeneca Bangalore said, "It has been our long cherished wish to make AstraZeneca R&D India a part of the AstraZeneca Global R&D organisation.

"With the establishment of Discovery R&D and the Process R&D centres in India, our wish has come true. With this, the India operations of AstraZeneca will now include the Discovery Phase R&D, Process R&D, manufacturing facility and marketing division at Bangalore."

New land, totaling 14,200 sq.meters, has been purchased. This will be used for a planned investment to house up to 50 more scientists along with the support staff for Process R&D.

The planned investment will extend the recently built state-of-the art R&D facility at Bangalore, to provide new Process R&D laboratories with the required scale-up facilities and associated equipment.

According to a statement from the company, this co-location of the Discovery and Process R&D scientists will help AstraZeneca maximise the scientific interactions and enable shared use of the R&D infrastructure.
Get Rediff News in your Inbox:
BS Bureau in Bangalore
 

Moneywiz Live!