Minister KT Rama Rao participated in the ground-breaking ceremony of Ferring Laboratories at Genome Valley today. Mr EV Narsimha Reddy, Vice Chairman & Managing Director, TSIIC and Mr Shakthi Nagappan, Director, Life Sciences, also participated.
Ferring Pharmaceuticals is a Multinational Pharmaceutical company headquartered in Switzerland. Ferring is expanding its Indian operations by establishing a state of the art Pharmaceutical R&D and Manufacturing facility in Telangana.
Ferring project in Hyderabad will result in a total capital investment of about Rs. 235 crores and provide direct employment opportunities in Pharmaceutical Research and Development and Manufacturing sector.