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American Pharma giant Pfizer has operationalized its largest and only drug development centre in Asia in the Indian city of Chennai. Set up at a cost of USD20 million (approx INR150 crore), the facility will carry out the development of Active Pharmaceutical Ingredients (APIs) and Finished Dosage Forms (FDFs) for a wide range of Prizer's offerings. While API refers to the component of the drug that causes the intended effect, FDF refers to the finished drug that is meant for consumption.
Global pharma giant Pfizer, which developed the mRNA-based vaccine against Covid, on Wednesday announced setting up a global drug development centre to boost critical research and development (R&D) capabilities in India.The 61,000 sq ft .