Telangana govt eyes $100-billion life sciences, pharma industry
With 800-plus pharma, biotech and med-tech companies in the state, Telangana has a combined industry value of $50 billion
The state boasts of one of the largest life sciences sectors in Asia, which accounts for 35-40% of the national pharma production
Hyderabad: The Telangana government is looking to leverage the life sciences and pharmaceutical sector to create a $100 billion industry in the coming decade. It plans to do so with initiatives such as the upcoming Hyderabad Pharma City--a 19,000 acre area catering to set up a value chain pharma industry, Genome Valley 2.0, a medical devices park, and the Biological Scale-up manufacturing facility (B-Hub).