ET, 22nd July Friday
Biological E to invest Rs 1800 crore to augment vaccine capacity, injectables, R&D
Vaccine maker Biological E on Thursday announced its expansion plans for investment of over Rs 1,800 crore, which will generate employment of more than 2500 people in their three facilities in Genome Valley here. According to a press release issued by the state government, the expansion is primarily targeted to ramp up the manufacturing of vaccines along with generic Injectables and R&D. The announcement was made after IT and Industries Minister KT Rama Rao's meeting with leadership of Biological E Mahima Datla, Managing Director.