Hyderabad: The Hon'ble Minister, Mr K.T. Rama Rao, chaired an industry roundtable with select leaders of biotechnology companies based in the Bay Area, USA on Wednesday.
Chemveda Life Sciences now will invest an additional INR 150 crores (USD 20 Million) to add a state-of-the-art R&D center in Hyderabad with around 200,000 sqft, creating additional employment for 500 scientists. They have already received a funding of INR 90 crores (USD 12 mn) and another INR 60 crores (USD 8 mn) is committed funding.
Chemveda Life Sciences has announced that it will invest Rs 150 crore for the expansion of its footprint in Hyderabad.The announcement was made after Telangana s Industry Minister K.T. Rama Rao, who is on a visit to the United States, met the .
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