Switzerland-headquartered Ferring Pharma has proposed to invest between $100 and $250 million in setting up a facility in the upcoming Pharma City on the outskirts of Hyderabad.
CM of Telangana also proposes to establish a Pharma University in addition to the Pharma City. The proposed pharma city will have separate townships and common treatment plant.
The company has assured ‘Zero discharge’ with complete treatment facilities within the premises. No toxic chemicals would be used in their unit and theirs would be the safest drugs and are useful as life saving medicines in super speciality Hospitals.