142nd Day Of Lockdown

Maharashtra54831338184318650 Tamil Nadu3145202563135278 Andhra Pradesh2641421709242378 Karnataka1964941126333511 Delhi1494601343184167 Uttar Pradesh140775887862280 West Bengal98459671202059 Telangana8647563074665 Bihar8274154139450 Gujarat71064542382652 Assam5883842326145 Rajasthan5249738235789 Odisha4592731785321 Haryana4163534781483 Madhya Pradesh3902529020996 Kerala3811424922127 Jammu and Kashmir2489717003472 Punjab2390315319586 Jharkhand185168998177 Chhatisgarh12148880996 Uttarakhand96326134125 Goa871259575 Tripura6161417641 Puducherry5382320187 Manipur3752204411 Himachal Pradesh3371218114 Nagaland30119738 Arunachal Pradesh223115923 Chandigarh1595100425 Meghalaya11154986 Sikkim9105101 Mizoram6203230
Nation Current Affairs 29 Jul 2020 KT Rama Rao: After C ...

KT Rama Rao: After COVID-19, Hyderabad set to see pharma, life sciences sector boom

DECCAN CHRONICLE | DC CORRESPONDENT
Published Jul 29, 2020, 11:46 am IST
Updated Jul 29, 2020, 12:48 pm IST
He pointed out that major pharma companies like Novartis have also made Hyderabad one of their bases.
Telangana minister for IT and Industries KT Rama Rao (AP)
 Telangana minister for IT and Industries KT Rama Rao (AP)

Hyderabad: IT & Industries Minister KT Rama Rao on Tuesday said that the post-COVID-19 world will provide great opportunities for the pharma and life sciences sector in Telangana.

He was participating in an online session hosted by the World Economic Forum on the topic ‘Harnessing the Potential of Telangana’s pharmaceutical sector in the Global Health Ecosystem’. During the session, Minister KTR highlighted the life sciences ecosystem of Hyderabad.

 

He said that the Genome Valley, Medical Devices Park, and Hyderabad Pharma City have transformed the city into a global pharma destination for investors.

He said that the government plans to attract more investments in the pharma and life sciences sector in Telangana.

Maintaining that the Hyderabad pharma industry contributes up to 30-40% of domestic pharma production, he mentioned that the Hyderabad-based company Bharat Biotech has developed the first indigenous vaccine for COVID-19 which is currently undergoing clinical trials.

Pointing out that major pharma companies like Novartis have also made Hyderabad one of their bases, the minister assured that the government will work with the industry towards utilising every opportunity to not only produce vaccines but also to explore opportunities in digital drug discovery.

 

...
Location: India, Telangana, Hyderabad




ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT