Mumbai-headquartered Bharat Serums and Vaccines Limited (BSV) hosted the groundbreaking ceremony of its new manufacturing plant at Genome Valley in Hyderabad, Telengana. The company is owned by Advent, an American private equity fund. Spread across 10 acres, the $22 million manufacturing facility will increase the company's capacity to produce injectables...
Granules India Opens Packaging Facility in Virginia
Hyderabad, India-based pharmaceutical company Granules India launched its new packaging facility through its Granules Consumer Health (GCH) step-down subsidiary, in Manassas, Virginia. The facility was inaugurated by India's Ambassador to the U.S., Taranjit Singh Sandhu. Granules invested more than $100 million in this unit. Spread over 79,000ft², the facility is...
BioAsia 2023 Took Place in Hyderabad, India
The 20th edition of BioAsia, an annual international event focused on Life Sciences, Biotechnology, Pharma, Medtech, and Healthtech sectors, was held from February 24-26, this year. It was hosted by the government of the southern state of Telangana. “As the world has begun to come back to normalcy, we are...
Lockheed Martin, India’s Tata, Ink MOU to Produce Fighter Jet Wings
Bethesda, Maryland-headquartered global defense aerospace company, Lockheed Martin , and India's Tata Group have reached an agreement to produce fighter jet wings at their joint venture, Tata Lockheed Martin Aerostructures Limited (TLMAL), in Hyderabad, India. The wings will be used in the F-16 Block 70 fighter jets that Lockheed Martin...
Bristol Myers Squibb to Expand Footprint in India
New York based global biopharmaceutical company Bristol Meyers Squibb will invest $100 million to establish a facility in Hyderabad, India, to expand its global drug development and IT capabilities. The firm plans to begin its operations in Hyderabad in the second half of 2023 and employ approximately 1,500 people. According to...
Fujifilm to Build Health Screening Service in India
Japanese multinational Fujifilm Corporation has chosen India as a base to try out and fine tune a healthcare screening service model to be developed into a global chain of artificial intelligence-driven preventive healthcare screening centers in the coming year. Branded NURA, the company has opened two centers that offer AI-aided...