The Lonza Group, a Switzerland based chemicals and biotechnology company is
likely to set up a knowledge centre-cum-manufacturing facility in Hyderabad.
The proposed knowledge centre is likely to come up at an investment of about
Rs 700 crore. It is expected to come up in a 27-acre plot in Phase III Genome
Valley. The Group is likely to shift its India headquarters from Mumbai to
Hyderabad and consolidate its research and development activity at the centre.
The Group will be focussing on custom manufacturing of APIs (active
pharmaceutical ingredients), among others, for companies involved in
innovations.
Related Links:
Project profile