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MSD India to set up vaccine lab in India

Saturday, 21 Apr 2012
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MSD India, the Indian unit of US based pharmaceutical company Merck, plans to set up a laboratory for developing vaccines in India.

The company plans to invest $150 million (approx Rs 750 crore) in lab set to come up at Jamia Millia Islamia University campus in Delhi. The lab - MSD Wellcome Trust Hilleman Laboratories - is a JV between Merck & Co, Inc and the Wellcome Trust. The lab will focus on developing vaccines pertaining to various diseases prevalent in tropical countries.

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