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Green Pharma City secures Rs 5,445 crore additional investments

Chemicals  -  Feb 27,2025  - 

The 22nd edition of BioAsia 2025 commenced with the signing of multiple Memoranda of Understanding (MoUs) between the Telangana government and leading pharma companies.

A total of 11 companies pledged investments worth Rs 5,445 crore, creating 9,800 new jobs. With these commitments, the total investment in Green Pharma City has now reached Rs 11,100 crore, generating over 22,300 employment opportunities.

The Telangana government also welcomed MSD, a US-based company, into its thriving life sciences ecosystem, aiding MSD’s growth through the city’s technological and scientific capabilities. Additionally, Los Angeles-based Agilisium launched its new office at RMZ Spire, Hyderabad, and set up a Life Sciences Innovation & Talent Development Lab.

Several major firms are expanding their presence in Hyderabad. ALS, a global leader in testing and certification, is establishing a state-of-the-art biopharma cGMP testing lab in Genome Valley.

Company : MSD

Agilisium