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Hyderabad: Cytiva, a global life science leader, and the State of Telangana in India will work together to open a new Fast Trak lab. The city of Hyderabad in Telangana, which has emerged as a leader in pharmaceuticals and biotechnology, is well-positioned to host such a facility. The 10,000 square foot lab, to be located in the Genome Valley, will accelerate and advance the local biopharma scale up needs. With over 800 life sciences companies nearby, the new facility will help the area’s biotechnology hub increase production efficiency, reduce cost and speed to market.
India’s biotechnology industry, estimated to reach 150 billion dollars by 2025, expects to see the number of emerging biotech companies boom from 3,475 to more than 10,000. The State of Telangana has a rich mix of global pharmaceutical companies, Indian local biopharma giants, and biotech startups. Combined, they contribute about 35% of India’s pharmaceutical production. Cytiva’s Fast Trak lab is re
Telangana partners with Cytiva to strengthen biopharma industry
Telangana partners with Cytiva to strengthen biopharma industry
23 February 2021 | News The 10,000 square foot lab, to be located in the Genome Valley, will accelerate and advance the local biopharma scale up needs
Cytiva, a global life science leader, and the State of Telangana in India will work together to open a new Fast Trak lab. The city of Hyderabad in Telangana, which has emerged as a leader in pharmaceuticals and biotechnology, is well-positioned to host such a facility. The 10,000 square foot lab, to be located in the Genome Valley, will accelerate and advance the local biopharma scale up needs.
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