Laurus Labs opens new R&D facility in Hyderabad
Multinational pharmaceutical and biotechnology company Laurus Labs has announced the opening of a new R&D facility at IKP Knowledge Park near Hyderabad. The firm has invested Rs 250 crore in the R&D center supporting the contract drug manufacturing organization (CDMO).
This facility is spread over 2,00,000 square feet and would be equipped with modern laboratories and infrastructure. As per the firm, the facility aims to develop innovative solutions for unmet medical needs.
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