Laurus Labs Ltd, a leading research and development driven pharmaceutical and biotech company in India is pleased to announce the inauguration of its state of the art new R&D center at IKP Knowledge Park, Plot No DS15, Kolthur Shamirpet Medchal Telangana.
The facility was inaugurated by Honourable Shri Duddilla Sridhar Babu Garu, Minister of Information Technology, Electronics & Communications, Industries & Commerce and Legislative Affairs – Government of Telangana along with Dr.Satyanarayana Chava, Founder & CEO Laurus Labs along with other senior management team. The cutting edge facility is designed to foster innovation & advance the company’s mission developing ‘Chemistry for Better Living’.On the occasion of the inauguration Dr.Satyanarayana Chava, Founder & CEO Laurus Labs, said “This will be our 5 th R&D center and the new R&D center will be a testimonial to our commitment to innovation and excellence. We believe that this facility will enable us to develop ground breaking solutions that will address unmet medical needs”.
Key highlights
Total investment incurred for setting up the new R&D Rs 250 Cr
2,00,000 Square foot facility equipped with modern laboratories and infrastructure
R&D Center to support the CDMO business of Laurus Labs
Will provide job opportunities to over 800 people
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