Bristol Myers Squibb has opened a new facility, which will expand its global drug development and digital capabilities in Hyderabad. Telangana Industries and IT Minister D Sridhar Babu, and key executives of Bristol Myers Squibb were present at the inauguration ceremony.
The company has invested over USD 100 million on this facility, which will house over 1,500 employees.This investment will enable it to further diversify its global workforce.
The new innovation hub in Hyderabad will spur drug development and enhance information technology.
With the new site, the biopharmaceutical company is set to expand the company’s global footprint.