Rx Propellant plans to construct life sciences laboratory spaces in Hyderabad

Rx Propellant has announced the opening of laboratory rooms in Hyderabad’s Genome Valley. Five lakh square feet of laboratory space have already been constructed by the corporation, the majority of which is functional.

The seven separate initiatives that make up the present Rx Propellent development at Genome Valley are Innopolis, Genopolis, Touchstone, ARX, Nextopolis, GV1 and B-hub.

KT Rama Rao, Minister for Municipal Administration and Urban Development, Industries and Commerce, and Information Technology, Government of Telangana says, “Telangana is home to over 800 life sciences companies and our scale makes us major contributors to global healthcare. Investments such as these will enable faster scale-up of companies to continue charting the growth path, also significantly promoting economic growth in the state”.

One of the key projects, B-hub, is a biopharma accelerator being built in collaboration with the government of Telangana to boost the research ecosystem in Genome Valley.

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