AstraZeneca's new lab to host key research work

Published on Fri, Mar 23, 2007 at 08:37 |  Source : Moneycontrol.com

Updated at Fri, Mar 23, 2007 at 17:01  

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

RELATED NEWS

ALSO READ

Bangalore March 22

AstraZeneca 's newly commissioned process R&D laboratory in Bangalore will play a key role in the development of its new drug portfolio, in particular the tuberculosis drug coming out of India, according to its top officials.

The PR&D lab built at $ 15 million was launched by the company CEO, Mr David Brennan, on Wednesday; it is the fourth such for the company and the first outside Europe; two are in the UK and one in Sweden.

It will grow from the current 40 to 75 scientists soon.

Dr Jan Lundberg, Executive Vice-President, Discovery Research, said, "This investment is not the end."

Dr David Haywood, Global Vice-President, Global Process R&D, said the Bangalore group could later develop outsourcing capabilities for large-scale laboratory work in India. According to Dr Sudhir Nambiar, Director of the new lab, it will train pharma-biotech students in process safety.

contd on page 2...

  

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, 19:27 | Source: CNBC-TV18

'Diverse offerings in power helping to withstand headwinds'  

Feb 13 2012, 18:28 | Source: CNBC-TV18

SBI: Expect NPAs to improve; restructuring not red flag  

Subscribe to

Moneycontrol Newsletters

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

Follow moneycontrol.com