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Hyderabad:
Gland Pharma, a leading manufacturer of injectables
has added a new research and development (R&D) pilot
plant, with an investment of Rs 7 crore at Dundigal, about
20 km from Hyderabad.
The
plant, inaugurated by the German Ambassador to India,
Mr Heimo Richter, on Tuesday, would facilitate the R&D
activities and manufacture of high-value small-volume
products. The company has several products at R&D
stage, which will get a boost for conversion into commercial
grade.
The
R&D plant has been named after McLean, the inventor
of Heparin. Gland Pharma has a joint venture with the
Vetter Group, Germany, Europe''s leading contract manufacturing
company for injectables in pre-filled syringes. It also
has an equity partnership from DEG German Investment and
Development Company.
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