AstraZeneca inaugurates R&D lab in Bangalore

Published on Wed, Mar 21, 2007 at 16:30 |  Source : Moneycontrol.com

Updated at Wed, Mar 21, 2007 at 18:00  

1473 Investors following AstraZeneca. Share this News with them.
0
0
Share on Tumblr

RELATED NEWS

ALSO READ

Mr. David Brennan, Chief Executive Officer AstraZeneca Plc., along with Guests of Honour, Mr P B Mahishi, Chief Secretary, Govt. of Karnataka, & Mr. N.R. Narayana Murthy, Chairman & Chief Mentor, Infosys Technologies, today inaugurated AstraZeneca's state-of-the-art Process Research and Development (PR&D) laboratory at its Hebbal campus in Bangalore.

 

The PR&D facility, built at a cost of $15 million, covers 8000 square meters on a 14,200 square meter plot and can accommodate up to 75 highly qualified process scientists supported by office and engineering staff. This is AstraZeneca's fourth PR&D facility and the only one outside of Europe.  The company has two PR&D facilities in the UK and one in Sweden.

 

Mr. Brennan said, "I am delighted and privileged to inaugurate this PR&D facility to further demonstrate AstraZeneca's commitment to our operations in India and to our team of researchers and scientists here who are dedicated to the discovery of novel therapies for developing world diseases. Facilities of this kind will leverage India's strengths in process chemistry".

 

This facility will strengthen the existing global PR&D programs as well as provide support to the existing Drug Discovery program at Bangalore, engaged in finding a cure for tuberculosis (TB), a disease prevalent in the developing world and making a re-appearance in developed countries.

 

Dr. Sudhir Nambiar, Director, PR&D, AstraZeneca India, said: "This is an exciting challenge for the skilled and dedicated Indian chemists who have already proved themselves in the generic area. We plan to recruit additional scientists from the organic, analytical and process engineering disciplines from universities directly or with varying levels of local/overseas industrial experience".

 

A focus area of this facility will be New Chemical Entities (NCEs). The PR&D scientists typically work with compounds created by medicinal chemists to ensure that they are safe and efficient for the manufacturing related stages of drug development as well as toxicological studies & clinical trials. The co-location of ''Avishkar'' Discovery and PR&D scientists will help AstraZeneca to maximize scientific interactions and enable shared use of the PR&D infrastructure..

  

Sourced From: R&PM:Edelman

  

More on Moneycontrol

Trending News

Business News

Next-gen Macbooks may come with Retina display
Will RBI regulation prevent a gold loan bubble? "Will RBI regulation prevent a gold loan bubble?"

Obama On US Budget Proposes Replacing AMT With Buffett Rule

The latest earning numbers FIRST on CNBC-TV18
Videos
Interviews

Feb 13 2012, 22:41 | Source: CNBC-TV18

Govt, TRAI should map solutions for telecom sector: Experts  

Feb 13 2012, 19:27 | Source: CNBC-TV18

'Diverse offerings in power helping to withstand headwinds'  

Subscribe to

Moneycontrol Newsletters

Moneycontrol.com offers you a choice of various sectoral and other newsletters for FREE!

Follow moneycontrol.com